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...

Several recent reports put India at the bottom when it comes to gender equality. It is time for a clearly-spelt new policy on women and development. SHAILAJA CHANDRA  “By and large the attitude of a man towards his wife is possibly worse than his attitude towards his buffalo.”--Colin Gonzalves, Human Rights Lawyer The World Economic Forum, in a report titled the Global Gender Gap 2009, has quantified the magnitude of gender-based...

The first meeting of the Group of Ministers (GoM) to consider two bills on educational reforms will be held on January 6. The GoM, chaired by Agriculture Minister Sharad Pawar, will consider the bills — one to provide for establishment of educational tribunals and another to provide for prohibition and punishment for adoption of unfair practices in technical educational institutions and universities. The Educational Tribunals Bill and the Prohibition of...

The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

Indian policymakers are debating doing away with the mandatory rating of financial instruments in the long-term, among a set of measures aimed at strengthening the regulatory and disclosures regime for credit ratings. The expert group, set up by the High Level Coordination Committee on Financial Markets (HLCCFM), has made specific recommendations on improving and disclosing the way credit rating agencies rate financial instruments, and has sought debate on the very...