-The Hindu Industry had opposed the move as it may hurt small factories financially New Delhi: The centre is reconsidering a plan to widen the social security net for workers by bringing more factories under the provident fund coverage. The Cabinet Secretariat has pointed out a few contradictions in the Labour Ministry’s proposal to amend the Employees’ Provident Fund and Miscellaneous Provisions Act of 1952, senior labour ministry officials said. The Labour Ministry had...
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Retaining MGNREGA's core -Brinda Karat
-The Hindu Held to account by the Supreme Court, the Central government is using opaque methods to change the key provisions of the employment guarantee scheme and make it targeted instead of universal. There is a pithy saying in Hindi that the elephant has two sets of teeth, one for show and the other to eat. This seems an apt description of the approach of the Narendra Modi government towards the implementation...
More »China may allow imports of Indian non-basmati rice -Arun S
-The Hindu China was the largest importer of the grain in 2015-16. New Delhi: China may soon grant market access to India's non-basmati rice exports, acceding to a long-pending request from New Delhi. The Centre had repeatedly taken up the issue of the country’s ballooning goods trade deficit with China bilaterally. India had demanded market access for products including non-basmati rice, pharmaceuticals and several fruits & vegetables among others. India’s goods trade deficit with...
More »Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha
-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...
More »Coming soon: Clause in real estate bill to check bias against religion, sexual orientation, diet -Shalini Nair
-The Indian Express The anti-discrimination clause will provide recourse to buyers who are denied a house by builders owing to their caste, ethnic origin, gender, sexual orientation, dietary choices or any such factors. The Centre is set to introduce an anti-discriminatory clause in rules under the real estate Act to curb the practice of builders refusing to sell their apartments based on a buyer’s religion, marital status or dietary preferences. The Real Estate...
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