Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

Unhindered commercial activity around the Corbett National Park in Uttarakhand is posing a serious threat to the eco-fragile zone and obstructing movement of animals. Flashy discos, motorbike racing, loud music, bright lights and lavish weddings in resorts on the periphery of the Park, in gross violation of laws and scant concern for the wildlife, are fast spoiling the peace and tranquillity of the eco-fragile zone. “There are about 3,200 beds...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

The 97th Indian Science Congress is in session at Thiruvananthapuram (January 3 to 7, 2010), the capital of the state of Kerala. For me, every session of the Congress is a new experience; an experience of learning and re-dedication to the cause propounded by the country’s first Prime Minister, Pandit Jawaharlal Nehru. It is a matter of pride for the scientific community in the country that it is the Prime...

The Union government’s decision to revive a long-forgotten concept of primary producers’ companies (PPCs) ought to be welcomed. Such companies can help small farmers and individual craftsmen come together to derive economies of scale. The idea of farmers’ companies which extend the benefit of being a registered firm while allowing farmers to derive all the benefits of Agricultural Land ownership, was mooted nearly a decade ago. After much debate, the...