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Cut-Rate Democracy by Pranjoy Guha Thakurta

Two years ago, when I told some of my more cynical fellow-tribals from the journalistic fraternity that I was about to complete a textbook on media ethics, they smirked. Media ethics? That’s an oxymoron, a contradiction in terms, they said glibly. What became apparent to me then was that the image of the journalist in India has taken quite a battering. There are many among the aam admi who still...

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Govt for cos acquiring land in Africa for pulses cultivation by Prabha Jagannathan

The government has assured full support to Indian companies exploring opportunities to acquire agricultural land in Africa for cultivation of pulses in order to deal with its domestic shortage. "We import pulses and we will be more supportive of more land being brought under cultivation and for value addition. India is the market and we have been investing in agriculture...," Commerce and Industry Minister Anand Sharma had said. With the unabated...

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Indian firms find Africa fertile ground for contract farming by Utpal Bhaskar and Shauvik Ghosh

State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...

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Malegam to head RBI panel on microfinance by Dinesh Unnikrishnan

Financial sector expert Y.H. Malegam will head a Reserve Bank of India (RBI) panel to look into the functioning of microfinance institutions or MFIs and their regulations. The MFIs are in the business of giving tiny loans. Kumar Mangalam Birla, Shashi Rajagopalan and U.R. Rao – all on the boards of the Indian central bank – and RBI deputy governor K.C. Chakrabarty are the members of the panel. The committee, which will...

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The Real Concern by Ashok V Desai

A patent is an artificial property right; it is created by the government, and would not exist if there were no government or if it did not grant patents. It is then for the government to decide whether to grant a patent or not. But a government would not normally make the decision arbitrarily; it would follow some rules. The rules universally followed are novelty, non-obviousness and commercial value. A...

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