-The Telegraph   Labour laws will not be eased for the proposed national manufacturing investment zones (NMIZs), and there will be administrative arrangements for quick relief to workers in case a unit is closed. The government plans to generate 100 million jobs within a decade in these proposed zones. Proposals of flexible labour laws in these zones, which may have allowed hire-and-fire policies, had come under criticism from trade unions and as a...

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

-The Hoot   Scores of journalists and non-journalists, governed by the respective statutory Wage Boards, are up in arms against the alleged ‘malicious campaign’ unleashed through the Indian Newspapers Society (INS) by a few Media Houses opposing the recommendations of the latest Justice G.R.Majithia Wage Board constituted by the Centre.   They are awaiting with bated breath the verdict of the Supreme Court bench that had, on July 18, 2011, informally directed the...

The Union Government has announced that it would bring the Lokpal Bill in the monsoon session of Parliament which is expected to pass it in the winter session. The all-party meeting held on the Lokpal issue damned the civil society and passed a one-line resolution: “The all-party meeting agreed that the government should bring before the next session of Parliament a strong and effective Lokpal Bill following established procedures.” The...

-The Business Standard   Among the many initiatives and innovations being considered to improve returns to farming, the creation of producers’ companies deserves closer policy attention than has been the case so far. A farmers’ company, registered as a corporate entity with the registrar of companies, under the Companies Act, can help farm producers come together and derive economies of scope and scale. A group of farmers in Andhra Pradesh has reportedly...