Our first paper “Common Property Resources in Rural India: Dependence, Depletion and Current Status” by Abhilas Kumar Pradhan and Rabinarayan Patra, is about a very important issue in rural development. It has to do with the way commercialization of agriculture sector is having an impact on the age-old custom of apportioning land and resources for the common interests of all the residents of a village. The village grazing land is a good example. The cattle belonging to the villagers had access to the facility. The community as a whole took care to ensure that the facility was left in a form that was amenable for re-use season after season. The situation has changed now with growing commercialization of land and all other resources. The influential farmers are encroaching these due to the lure of growing marketable crops. This has a deleterious effect on sustainability of the ecosystems. Same is true of some other resources like firewood as a domestic fuel need. This paper is on the changing trends in the management and use of the villages’ Common Property Resources (CPRs) and bears on the importance of sustainability. The second paper “Disinvestment in India: Policy, Mechanism and Future Roadmap” by Avi Prasad deals with an important aspect of business environment for over a decade in view of the Indian macroeconomic policy. Its importance is borne out by the fact that a ministry has been created to oversee the policies relating to it and their implementation. Disinvestment or divestment as it is also called, may be defined as a strategic retreat by the state from certain sectors of business. It can be from basic producer goods industry like steel, or cement, or it can be from utilities like telecom and power supply. There are a number of policy issues involved in this process. There are also stages in the implementation of such a decision. For one, there may be fierce opposition from certain political parties who might feel this as playing into the hands of monopoly capitalists. Most of the businesses which are suitors to buy the government stake are usually oligopolistic large private corporations or their consortiums. This raises concern about the need to create adequate checks and balances. This important task is accomplished with the setting up of a regulatory authority in the sector. This is a general overview and a number of models are in vogue in different parts of the world.

The IUP Journal of Managerial Economics (IUP JME) is :

International, Peer-Reviewed, Open Access, Refereed, Economics, Industries & Markets, Demand Forecasting, Consumer Behavior, Organizational Behavior, Small Business Enterprise, Cost & Revenue Analysis, Global Economy , Print, Monthly Journal

UGC Approved, ISSN Approved: P-ISSN - 0973-8754, E-ISSN , Established in - 2003, Impact Factor

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