-The Economic Times Nearly 6 crore formal sector employees could look forward to retiring with a minimum pension of Rs 1,000 a month, in addition to their provident fund savings, if the finance ministry green signals a labour ministry proposal to increase the pension of PF subscribers. At present, most provident fund subscribers receive less than Rs 500 a month as pension after decades of service, with some getting as low as...
More »SEARCH RESULT
Parliament disrupted over black money
-IANS Both Houses of Parliament were disrupted on Monday as Bharatiya Janata Party (BJP) members noisily demanded that black money stashed abroad be brought back to the country. In the Rajya Sabha, BJP leader M Venkaiah Naidu raised the issue when zero hour began. Criticising the government, he said: "Even the CBI director has raised the issue, which shows the seriousness of the issue. With that money we can solve several problems...
More »Cutting fuel subsidy can cause 2.6% spike in inflation: RBI chief D Subbarao
-The Economic Times Reserve Bank of India Governor D Subbarao has said the proposed elimination of fuel subsidy can lead to a massive 2.6% spike in inflation, an assessment that makes it even more difficult for the government to bite the bullet. While a hike in diesel and cooking gas prices may be long overdue, the government is hard-pressed to contain inflation ahead of crucial assembly polls in Gujarat and Himachal Pradesh...
More »With Anna out of way, govt picks holes in lokpal bill-Nagendar Sharma
-The Hindustan Times With the pressure off on the government for setting up the lokpal, the law ministry has joined its various counterparts and departments in opposing many key provisions of the anti-graft bill, rendering its future uncertain. Interestingly, the ministry had drafted and given legal clearance to the bill, passed by the Lok Sabha on December 27, 2011. It has conveyed its views to the Rajya Sabha select committee, which is examining the...
More »The lesser half-TK Rakalakshmi
The Guwahati molestation incident throws light on the violence women face overtly and covertly in India, at home and outside. The shocking incident of the beating and molestation of a young woman by a mob in Guwahati in Assam on July 9 has exposed the ugly underbelly of modern, globalised India, where women face violence, covertly and overtly, at home and outside. The incident has also exposed the lackadaisical manner in...
More »