Not Garden Variety

Garden Silk Mills manufactures polyester yarn and fabrics and had pioneered the branded polyester sari and dress material business in India. Its products include PET chips, polyester yarn and fabrics like georgette, chiffon, faille, greige fabric, jacquard (dyed and printed) for blouses, skirts and dresses. Garden was once known for its fabrics and unique designs. But, in the past few years,...

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Life at the Grassroot Level

Dr Nita Mukherjee describes the efforts of a Gujarat-based NGO in conserving natural resources

Of the many activities that concerned civil society activists take up as a challenge is the conservation of natural resources. They believe that people’s participation is crucial for this effort; no amount of government intervention in this field is effective or efficient. Gujarat, which faces many...

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Public Shareholding

Finance minister (FM) Pranab Mukherjee’s Budget speech has again raised the issue of increasing public shareholding in listed companies. The FM correctly says that it is easy to manipulate share prices when public shareholding is not diversified and below 15%. This is true of public sector entities (ONGC, MMTC, NDMC, etc), where the public float is outrageously low, as well as several private...

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