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...

Interview with Joan Mencher, an anthropologist who has worked in India for long on issues such as agriculture, ecology and caste.   JOAN P. MENCHER is a Professor emerita of Anthropology from the City University of New York’s Graduate Centre and Lehman College of the City University of New York. She is the chair of an embryonic not-for-profit organisation, The Second Chance Foundation, which works to support rural grass-roots organisations...

This small and readable book is a layperson’s introduction to India’s economic catastrophe. Since many people believe in an ongoing economic miracle, such views are often dismissed as doomsday talk. But it is better to be aware of reality than to live in an illusion. The title is apt—Bhaduri offers us an unsettling vision of what awaits us if we continue along the current path. He alerts us to the...

Is drought being used as an excuse to delay the national Food Security Act? An informal network of organizations and individuals involved in the Right to Food Campaign believe so. The campaign groups are demanding that a national consultative process on an improved draft bill must be started immediately so that the proposed Food Security Act could be passed as soon as possible. The campaigners also demand that exports of...

The quarterly Survey of Professional Forecasters conducted by the Reserve Bank of India (RBI) revised India's gross domestic product growth downwards to 6 per cent for 2009-10 from 6.5 per cent in the previous round of the survey. However, the survey has estimated that corporate profits are set to rise in the current fiscal. According to the RBI, the highest probability of 37.5 per cent is assigned to growth range...