-The Telegraph The Centre’s efforts to introduce reformist laws to reinvigorate the business ecosystem can often be stymied by the states through regressive legislation Labour reform in India has always been a prickly subject and any attempt to amend legislation sparks outrage and resentment among one or the other group of stakeholders in the economy. When the Narendra Modi government crunched 29 Central laws into four labour codes last year, India Inc...
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Govt. Squeezes Spending, Even Though Tax Collections Have Increased -Subodh Varma
-Newsclick.in Modi government has restrained spending of various ministries including education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...
More »Globalisation and its discontents, in Haryana -Roshan Kishore
-Hindustan Times From January 15, 2022, a law giving 75% reservation for local residents in Private Sector jobs will come into effect in Haryana From January 15, 2022, a law giving 75% reservation for local residents in Private Sector jobs will come into effect in Haryana. To be sure, the policy will only apply to jobs where the monthly salary is up to ₹30,000. The announcement has already triggered a rethink among...
More »Parameters of climate finance and technology transfer remain undefined: FM Nirmala Sitharaman -Sriram Lakshman
-The Hindu Developed countries have committed under the Paris Agreement to allocate $ 100 billion per year from 2020 onwards to facilitate emission cuts in poorer countries and also to effect technology transfer in this context. Questions around how the $100 billion yearly commitment towards climate finance will be measured, and related technology transfer accounted for, remain unanswered, Union Finance Minister Nirmala Sitharaman said at the conclusion of the Washington DC leg...
More »Power crisis a reminder of fossil fuel dependence
-The New Indian Express An energy crisis was the last thing policymakers had expected in the aftermath of Covid-19. An energy crisis was the last thing policymakers had expected in the aftermath of Covid-19. But here we are, facing an unprecedented energy crisis, not just in India but in many other parts of the world. Even as the Delhi chief minister sent an SOS to the Central government warning of possible power...
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