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Good Governance, Corruption Free Rule Matter: Indian Inc

-Outlook Indian Inc today said the outcome of elections in the four states should be seen as a strong message to the government as well as political parties for ensuring corruption-free rule and good governance. "Congress has been shown the door for poor political leadership and unconvincing approach to corruption," said businesswoman Kiran Mazumdar Shaw in a stern message as the poll results pouring in showed rout-like situation for the party in...

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Serving the justice needs of the poor-NR Madhava Menon

-The Hindu     To be able to deliver appropriate legal services to the rural and tribal communities, we need an alternative delivery system with a different model of legal service providers Delivery of legal services to the rich and the corporate class is organised not through individual lawyers but through a series of networked law firms. These firms employ hundreds of lawyers and domain experts all over the country to provide highly specialised...

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Rs 1 lakh crore bad loans of corporates written off: RBI-Mayur Shetty

-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off bad loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...

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Government expects bumper crop this year on good monsoon

-PTI NEW DELHI: India is expected to harvest bumper crop this year based on estimates of higher food grains production in Kharif (summer sown) and hopes of better Rabi (winter) crop with enough water in reservoirs, Finance Minister P Chidambaram said today. He also said that the agriculture credit has grown by 12.1 per cent during April-August period of this fiscal. "On agriculture, we estimate this would be a very good year. The...

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Tractor Production and Sales in India, 1989–2009 -Anupam Sarkar

-Review of Agrarian Studies This paper ar­gues that mech­a­ni­sa­tion of In­dian agri­cul­ture, as mea­sured by growth in the pro­duc­tion and sale of trac­tors, has con­tin­ued, al­though not uni­formly, over the last two decades. While the last two decades were a pe­riod of slow­down in agri­cul­tural pro­duc­tion, the data do not sup­port a view of un­dif­fer­en­ti­ated eco­nomic de­cline in rural areas. Our focus on trac­tors is jus­ti­fied as the In­dian agri­cul­tural sec­tor...

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