-The Times of India MARGAO: Claiming that there were allegations that 50 % of the central government funds meant for the Public Distribution System (PDS) were being diverted for black marketeering, Justice D P Wadhwa, former judge of the Supreme Court of India and Chairman of the Central Vigilance Committee on PDS, encouraged PDS dealers to open grocery shops as well to help them augment their income While addressing a public hearing...
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World Bank urges India to make PF must for formal staff-Vikas Dhoot
-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...
More »Dipankar Mukherjee passes away
-The Hindu Renowned trade union leader Dipankar Mukherjee (69), who passed away on Monday morning, was a brilliant parliamentarian with versatile capabilities. Elected to the Rajya Sabha in April 1994 from West Bengal as a Communist Party of India (Marxist) member, Mr. Mukherjee played an important role in intervening in all crucial economic and industrial policy-related issues during his 12-year-long parliamentary stint till 2006. Born in June 1943 in Kolkata, Mr. Mukherjee had...
More »UPA defers Pension Bill after Mamata's veto
-The Times of India It was meant to showcase the government's new-found resolve to push the reforms agenda in order to stanch the declining growth rate and to repulse the perception of governance freeze. Instead, it ended up publicizing yet again the government's vulnerability as well as its reluctance to speed up decision making at the cost of angering allies on the eve of presidential poll. The UPA on Thursday withdrew its...
More »Not flush with ideas
-The Hindustan Times People may say all sorts of things about the Planning Commission of India and its five-year plans and the catchy terminologies it comes up with (of course, with a little help from the government in power). But there is no getting away from the fact that the body knows how to plan well, at least when it comes to its own needs. According to a news report, the panel...
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