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Norms to protect customer in fraudulent transaction soon: RBI

-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...

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Hazards of relying on labour bureau's employment data to evaluate job creation -Roshan Kishore

-Livemint.com A detailed look at Labour Bureau’s Quarterly Employment Survey (QES) methodology and design suggests that one shouldn’t read too much in these numbers New Delhi: Opposition parties and many commentators have been citing the Labour Bureau’s Quarterly Employment Survey (QES) numbers to attack the government over failure to generate employment). How credible are such claims? A detailed look at QES methodology and design suggests that one shouldn’t read too much in...

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Farm policy: Dis-ease of doing the business of agriculture -Pravesh Sharma

-The Indian Express As the Modi government completes three years, here are three potentially game-changing steps it could now take to harness the sector’s unrealised potential Amidst the predictable tidal wave of opinion pieces to mark the Narendra Modi government’s third anniversary, one little event last week squeezed its way into the inside pages of a few newspapers. This was a call for a “farm strike” in Maharashtra from June 1,...

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Job insecurity gives way to India's 1st IT workers union in Tamil Nadu -Vinita Govindarajan

-Scroll.in/ Business Standard Previous attempts to organise 2.8 million employees of the country's IT sector have failed In 2008, as Tamil Nadu erupted in angry protests against the killings of Sri Lankan Tamils during that country’s civil war, a group of young software professionals in Chennai’s Tidel Park banded together to form a human chain. “Stop the War, Save Tamils” was their demand – a slogan that featured on posters, T-shirts and...

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An unequal burden -Sujatha Byravan

-The Hindu The Paris Climate Agreement recognises that all countries have responsibilities. However, the developed world needs to shoulder the major funding requirement The Paris Climate Agreement (PA) was signed in December 2015 in an attempt to limit the release and the effects from greenhouse gases (GHGs) in the atmosphere. Ahead of the meeting, various countries developed and submitted pledges or national commitments, referred to in climate parlance as Nationally Determined Contributions...

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