-The Business Standard   Too many baseless conclusions are being drawn from bad data The Planning Commission, the ministry of statistics and programme implementation, the Central Statistical Organisation (CSO) and the National Sample Survey Organisation (NSSO) are being overseen by some of the brightest minds in the Indian government for many years now. Both together and individually they have made a travesty of the data being brought out, debated and used for...

To issue biometric cards to 50 million people every year for the next four years. Unique Identification Authority of India’s (UIDAI) plan to offer a unique identification number (UID) to every resident Indian is slated to get a fillip, with the country’s largest life insurer — Life Insurance Corporation of India (LIC) — saying it is ready to offer unique identification cards to its policyholders. About a year ago, LIC had signed...

The retirement fund manager EPFO plans to replace PF account number with unique identification number, a move which will help in speedy transfer of a subscribers' funds in case of job change and allow them to track their accounts online. At present when a subscriber changes job, it takes months to transfer provident fund money from one account to another, as the records are required to be transferred from one office...

Rolling out a slew of measures for the working class in 2010, the government effected key reforms in some labour acts while also raising the annual rate of returns on employee provident funds to 9.5 per cent. The steps came as the government also unveiled the draft national policy on employment with suggestions of launching of a employment guarantee scheme in urban areas on the lines of NREGA. It amended the Payment...

Trade unions and labour rights activists blame the high suicide rate in Tirupur, Tamil Nadu, on the practices of the garment industry. TIRUPUR has carved out a niche for itself in the world of garments. Its phenomenal growth in the highly competitive global scenario, particularly in the past two decades, has been made possible by the entrepreneurial spirit of its manufacturers and exporters and the sweat and labour of thousands of...