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Company of farmers

-The Business Standard   Among the many initiatives and innovations being considered to improve returns to farming, the creation of producers’ companies deserves closer policy attention than has been the case so far. A farmers’ company, registered as a corporate entity with the registrar of companies, under the Companies Act, can help farm producers come together and derive economies of scope and scale. A group of farmers in Andhra Pradesh has reportedly...

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26% profit sharing to help increase production: Coal India

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected...

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PPP projects out of RTI, CIC knocks on PM door

With the government serving a severe blow to transparency in the Public Private Partnership (PPP) projects worth one trillion rupees the Central Information Commission has decided to seek Prime Minister’s Manmohan Singh’s intervention. “We will be writing to the Prime Minister that there should not be a blanket ban on making RTI applicable to PPP projects,” said an Information Commissioner, following a decision at the commission’s last meeting. The CIC wanted the...

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Overreaching? by Pratap Bhanu Mehta

The latest Supreme Court order appointing two former justices to superintend the special investigation team (SIT) on black money is a serious indictment of government. It reflects a widespread sentiment about the laws of government motion: government is a body that will not move unless compelled by an external force. A shameless government is provoking a thousand saviours to step in and save the country. The Supreme Court is, rightly,...

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Haryana govt bans workers' strike at Maruti's Manesar plant

-The Economic Times   The Haryana government on Friday imposed a ban on the week-long workers' strike at Maruti Suzuki's Manesar plant by passing prohibitory orders, seeking to find a solution through legal recourse to the issue which threatens to spiral into a labour unrest in India's biggest auto hub. Despite the government mounting pressure by deploying additional police force at the factory on late Friday evening, workers have decided to continue...

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