yeah..u can't expect an explanation from BB...he forward news with weird and sometimes totally unrelated subject headings........as far as the TATA's decision are concerned...it's a pure business decision i guess. and got nothing to do with socialism or 'scientific socialism' or whatever....
Rajib Das <[EMAIL PROTECTED]> wrote:
Rajib Das <[EMAIL PROTECTED]> wrote:
What in God's name is "Scientific Socialism"? Is there
some intellectual output from the Assamese
intelligentia on what it is and what it is not?
To me, these two words - Scientific Socialism - are
one of a kind. Spoken once (or at most a few times) -
given a single line definition - and then it is gone.
Almost like laymen going hunting for tigers in the
Sunderbans these days.
Till BB comes back to mention it. No BB does not
explain what it is. Nor does anyone else.
--- Bartta Bistar <[EMAIL PROTECTED]>wrote:
---------------------------------
Tea may transfer Assam estates to staff
http://www.rediff.com/money/2005/oct/31tata.htm
Priyanka Sangani & Kausik Datta in Mumbai | October
31, 2005 09:05 IST
After Kerala, Tata Tea may transfer ownership control
of its tea estates to workers' cooperatives in West
Bengal and Assam.
Tata Tea has 25 tea estates in the Northeast -- four
in Dooars, West Bengal, and 21 in Assam -- spread over
15,000 hectares. Together, these estates produce 27.5
million kg of tea per annum.
After tasting success in Kerala -- the management
control of tea estates in the state had been
transferred to a workers' cooperative in which Tata
Tea had a 20 per cent stake -- the company was likely
to opt for the same model for its tea estates in the
Northeast, sources told Business Standard.
In February 2005, Tata Tea transferred 17 tea estates
in Kerala, including their assets, liabilities, the
regional office and the concerned service department,
to Kanan Devan Hills Plantations Company.
Almost 95 per cent of workers in the Kerala estates
have opted for stakes in this company. Tata Tea
continues to source tea from this new company, though
it is one among several sources. Later, it sold six
estates in Trichur and Coimbatore for Rs 55 crore (Rs
550 million) to Tata Coffee.
Analysts said Tata Tea might get a better valuation
for transferring ownership control in the Northeast
compared with what it got in southern India. The cost
of production for a kg of southern Indian tea is about
Rs 50, roughly Rs 2 higher than the realisation. In
contrast, the price realisation in the Northeast is Rs
10, higher than the cost of production of Rs 52 a kg.
In other words, while the company incurs a loss of Rs
2 per kg in the South, it rakes in Rs 10 per kg in the
Northeast.
Tata Tea had announced last year that it would exit
the plantation business in order to reduce costs as
well as to develop and expand its brands at home and
abroad.
According to industry estimates, employee costs
account for nearly 60 per cent of a tea company's
total cost. Thus, exiting labour-intensive plantations
can help Tata Tea pare its costs. At the same time,
the plantation business fetches 10 per cent of Tata
Tea's revenue
---------------------------------
Express yourself instantly with MSN Messenger! MSN
Messenger Download today it's FREE!>
_______________________________________________
> assam mailing list
> [email protected]
>
http://assamnet.org/mailman/listinfo/assam_assamnet.org
>
__________________________________
Yahoo! FareChase: Search multiple travel sites in one click.
http://farechase.yahoo.com
_______________________________________________
assam mailing list
[email protected]
http://assamnet.org/mailman/listinfo/assam_assamnet.org
Yahoo! FareChase - Search multiple travel sites in one click.
_______________________________________________ assam mailing list [email protected] http://assamnet.org/mailman/listinfo/assam_assamnet.org
