THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, June 12, 2001

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Opinion

Agriculture
National Commission on Agriculture -- Don't waste the opportunity this time
RECENTLY, the Union Minister for Agriculture, Mr Nitish Kumar, announced the setting up of a National Commission on Agriculture, and the media reported that Dr M. S. Swaminathan has agreed to chair it. In India, commissions have a strange way of coming i nto existence, quite often with much fanfare, but as often fading out of public memory. Nearly five years ago, when the LDF government came to power in Kerala, a similar commission was set up under the same chairmanship, but nothing was heard of it subse quently.

Editorial
Bankable stake
LIC'S DECISION TO pick up a strategic stake in Corporation Bank signals a coming together of two important segments of the financial services industry and is entirely in keeping with trends worldwide. For some years now, the global financial services ind ustry has been witnessing a wave of consolidation spanning commercial and investment banking, asset management and insurance services. The celebrated example is the coming together in the US of the banking behemoth Citicorp with the insurance major Trave lers Group.

Environment
Dams and the people
THE World Commission on Dams (WCD) published its report in November 2000. It is now understood that the Government of India summarily rejected the WCD Report. What was the genesis of the WCD, its composition, what were its findings and recommendations, w ith what outcome?

Miscellaneous
Marriages or M&As
MATCH-making may be a business for marriage brokers. For the parents, it is not. Or so they think. When they are on the look out for securing a good future for their progeny, what do the parents do? They use due diligence and valuation, intuitively using discounted cash flow as would a corporate entity looking for opportunities for merger and acquisition.


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