Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...

Despite criticism of the appointment process, and pendency , the Supreme Court appears to enjoy public confidence like no other institution As the Supreme Court of India approaches its final week of hearings for the year, a look back shows it has dominated the national consciousness by ruling on myriad issues. The court was conceived by the framers of the constitution to deal mainly with fundamental questions of law. But India’s top...

Compensation will be paid before land takeover The new relief, rehabilitation, and resettlement package drawn up for those providing land for development initiatives in the State has been armed with provisions for substantive compensation, due stakeholder participation, and a social impact assessment, wherever needed. The focus of the package, prepared by the Revenue Department, is on providing a reasonable compensation to project-affected persons (PAPs) and disbursing it before taking possession of the...

Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and income tax returns.  By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...

-The Times of India   HDFC chairman Deepak Parekh and Member of Parliament Ashok Ganguly have appealed to Corporate India to come out strongly in support of a besieged government, which is overwhelmed by opposition to its proposal to open up foreign investment in retail.   The two senior business leaders are part of a group of 14 eminent citizens who came together to raise the issue of policy paralysis and later on the...