-The Hindu Business Line ‘Pathetic'situation of the tea garden workers in West Bengal, Assam a major concern Labour reforms for the unorganised sector is a priority for the Narendra Modi government. And steps are being accordingly taken in this regard by the Centre, the Union Minister of State for Labour and Employment, Bandaru Dattatreya, said here. According to him, some of the steps taken include the setting up of the Shram Suvidha Portal...
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Only 40 per cent of rural households dependent on farming as main income source: NSSO -Harish Damodaran
-The Indian Express Hardly 58 per cent of rural households in India are engaged in farming activity, which, in turn, contributes not even 60 per cent to their average total monthly incomes. These are the findings of the latest countrywide "Situation Assessment Survey of Agricultural Households" conducted by the National Sample Survey Office (NSSO) for the 2012-13 crop year from July to June. They refute a common perception regarding agriculture - how it...
More »Farm Debt Curse Continues: NSSO
The agrarian crisis is far from over. Amidst news of farmers' suicide reported from parts of Telangana, Andhra Pradesh and Maharashtra, an official document released in December by the National Sample Survey Organisation states that nearly 52% of India's agricultural households were indebted during July, 2012 - June, 2013. The average amount of outstanding loan per agricultural household in India was Rs. 47000 (see link below). Based on a survey of...
More »Black money: ₹4,500 cr lying in bank accounts abroad, says SIT
-The Hindu Business Line Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that...
More »Making India Inc. accountable -Vidya Venkat
-The Hindu It is not the responsibility of the government alone to act in order to curb corruption; corporate firms need to be proactive as well in checking fraudulent financial practices The winter session of Parliament witnessed a noisy debate on the black money controversy. Governments of all hues have disappointed the Indian janata on the issue of black money and the failure is often associated with a perceived nexus between politicians...
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