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Milk at Largest Private Dairy Company Turns Sour for Workers - Sruti MD

-Newsclick.in Hatsun Agro Products doesn’t pay minimum wages despite a turnover of Rs 5,500 crore and forces employees to resign.  With a massive turnover of Rs 5,500 crore at the end of the 2021 fiscal, Hatsun Agro Products (HAP), the country’s largest private dairy products company, reported a massive 25% increase in net profit for the second quarter as against the same period in the previous year. Around the time the company planned...

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Food prices edge up, government keeps close watch -Zia Haq

-Hindustan Times Edible-oil prices continue to be dearer due to high global prices, prompting the Union government last week to tighten measures Vegetable prices, especially of tomato and onion, have risen in urban centres, including the national capital, on the back of higher fuel prices and damage to summer crops due to heavy rains, wholesale and retail trade data showed on Sunday.  Edible-oil prices continue to be dearer due to high global prices,...

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Govt rejigs fertiliser-subsidy regime to continue offering crop nutrients at below-market rates -Zia Haq

-Hindustan Times India relies on import of raw materials for crop nutrients as well as finished products and compensates fertiliser companies who sell them at below-inflation rates. The Union government has revamped parts of its subsidy regime for fertilisers and crop nutrients to continue providing them at below-market rates, while rolling over special discounts announced for the summer-sown season to the oncoming winter-sown months, according to an official statement on Thursday. International prices...

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Centre imposes stock limits on edible oils to soften the prices of edible oils in the domestic market

-Press Information Bureau/ Ministry of Consumer Affairs, Food & Public Distribution The Department of Food and Public Distribution in a landmark decision has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was...

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Fight for Wage Revision Pacts Bears Fruit in Tamil Nadu’s Big Industries -Sruti MD

-Newsclick.in While the TRADE UNIONs demand the labour laws to be followed, the management finds loopholes to bypass them. But the automobile workers in Tamil Nadu have brought about positive change. Tamil Nadu is a leading industrial state in the country, hosting many international companies. But in these industries, a common cause for dispute between the workers and the management is the wage revision pact. Wage revision pacts have to be made every...

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