There is substantial capacity in the cooperative sugar sector. Reform of the sector needs transparency, enforcement of prudential norms and effective governance. Multi State Cooperatives can now become Producer Companies under the Companies Act by the Second Amendment in 2002 based on a Draft Act prepared by a Committee I chaired. As far as possible conflict of interest, reporting norms and so on need enforcement for Cooperatives as in Company...
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Declared Dead by Chandrashekhar Dasgupta
The prime minister of Denmark, Lars Løkke Rasmussen, is now calling for a “political declaration” at the Copenhagen climate change conference, instead of the promised “ambitious” and “binding” outcome. In other words, brave words will take the place of bold deeds at Copenhagen. India and other developing countries are reluctant to accept this lowering of sights and are still hoping for substantive results. The Danish announcement is disappointing but not unexpected....
More »Nod for Bill to give higher compensation for workers in case of injury or death by Gargi Parsai
Funeral aid is proposed to be raised from Rs. 2,500 to Rs. 5,000 In case of death, compensation to go up from Rs. 80,000 to Rs. 1.2 lakh The Rajya Sabha on Tuesday unanimously approved, by voice vote, the Workmen’s Compensation (Amendment) Bill, 2009, that seeks to give higher compensation to workers and their families in the event of injury or death. It empowers the Centre to enhance the compensation and funeral...
More »Irom And The Iron In India’s Soul by Shoma Chaudhury
SOMETIMES, TO accentuate the intransigence of the present, one must revisit the past. So first, a flashback. The year is 2006. An ordinary November evening in Delhi. A slow, halting voice breaks into your consciousness. “How shall I explain? It is not a punishment, but my bounden duty…” A haunting phrase in a haunting voice, made slow with pain yet magnetic in its moral force. “My bounden duty.” What could...
More »Road to Copenhagen by R Ramachandran
It has been a bumpy ride, with developed countries failing to make definite commitments and India hinting at a shift of stance. THE last leg of the climate change talks held in Barcelona, Spain, on November 2-6 in the run-up to the all-important 15th Conference of the Parties (COP-15) to the United Nations Framework Convention on Climate Change (UNFCCC) in Copenhagen in December did not result in any dramatic development...
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