We are a cash-rich company run by professionals,” says a smarmy 30-something Mumbai-based head of a leading real estate company. His company’s exponential growth in the span of just five years has raised eyebrows in industry and banking circles. The reasons are clear. The company is known to have tremendous clout in the corridors of power and with the builders’ lobby. It is backed by several important politicians in Mumbai and...

The illegal trade in tiger parts has led to more than 1,000 wild tigers being killed over the past decade, a report suggests. Traffic International, a wildlife trade monitoring network, found that skins, bones and claws were among the most common items seized by officials. The trade continues unabated despite efforts to protect the cats, it warns. Over the past century, tiger numbers have fallen from about 100,000 individuals to just an estimated...

A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...

The Food and Civil Supplies Department has ordered an inquiry into the alleged black marketing of fortified atta (wheat flour) meant for distribution through the Public Distribution System (PDS) in Ahmedabad. PDS store managers in Danilimda, Juhapura, Piplag, Santoshnagar, Meghaninagar, Shah Alam, Gomtipur and Vasna-Sorainagar have reportedly sold off ration items, especially fortified flour meant for the poor, to eateries, hotels and grocery stores in the city. F L Ghalchar, Deputy Controller,...

In its zeal to make low-priced food available to as many as possible, the majority on the National Advisory Council may deal a mortal blow to farmers and output, warn farmer groups. The proposal to distribute low-priced foodgrain to 80 per cent of the rural population has nothing in it to incentivise cultivation. Vijay Jawandhia of the Shetkari Sangathana says the least the NAC could have done was to recommend that...