-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
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EU defends move to end Modi boycott, says not soft on riots
-The Hindustan Times The European Union on Friday staunchly defended its decision to re-engage with Narendra Modi a day after it emerged that the Gujarat chief minister had a quiet lunch with the ambassadors of the member countries here early this year, ending a decade-old boycott. The January 7 lunch is likely to be seen as a major boost for Modi, who after his third successive win in the western state, is...
More »‘Without growth... we will be constrained in our ability to defend national security’ -P Chidambaram
-The Indian Express Until recently, we took a compartmentalised view of national security. Each threat to national security was neatly fitted into one compartment. The first, of course, was a war with Pakistan. That was fitted into a compartment and was meant to be deterred, or defended, through the might of our armed forces. A war with China was, and remains, unthinkable, and therefore that threat was fitted into another compartment...
More »EPFO puts on hold decision to make Aadhaar must for new accounts
-PTI Retirement fund body has decided to put on hold the decision to make it mandatory for new members joining EPF scheme to provide Aadhaar number as credential for enrolment from March 1, 2013. "In view of discussion with UIDAI official and the time required in the process of obtaining Aadhaar numbers, it may not be possible to obtain Aadhaar number by EPF members by March 1, 2013. Therefore it has been...
More »Why the Parliament should reject the standing committee’s recommendations on the Food Security Bill: RTFC
-Kafila.org This statement was put out by the RIGHT TO FOOD CAMPAIGN on 24 January The much awaited recommendations of the Standing Committee on Food, Consumer Affairs and Public Distribution on the National Food Security Bill are a letdown to those who wrote to the Committee urging it to ensure justice to the people of India. The Committee despite taking a year since December 2011 when the Bill was tabled in the...
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