The latest Majithia wage board has recommended that salaries be increased, in some cases to 200% of prevailing rates The Press Trust of India, or PTI, India’s largest newswire, will be shut for about 30 hours from Saturday as its employees go on strike to protest the non-implementation of the wage board recommendations to significantly increase their salaries. The Federation of PTI Employees’ Unions said in a notice that the employees will...
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Microfinance institutions escape charge of abetting suicide of clients-M Suchitra
In 2010, Andhra Pradesh witnessed a series of suicides. These were not cases of farmers' suicides—a regular occurrence in the state which continues to be in the grip of an agrarian crisis. The victims in these cases happened to be the poorest of the poor; most of them illiterate dalits and adivasis. The first information reports (FIRs) of the police reveal that most of the suicides were due to coercive...
More »Flagships adrift -Jayati Ghosh
The ICDS' plight is symptomatic of the problems plaguing the Union government's flagship schemes for the poor all over the country. INDIA may be the only country in the world where we describe the ensuring of the basic socio-economic rights of the people in terms of “flagship schemes” that are seen as the benevolent contribution of governments. One problem with this approach is that the delivery of basic services is...
More »Rising rural, urban wages aiding inflation: RBI report
Rising wages in both rural and urban India have contributed to inflation, and managing price levels when wages are rising is key to deriving benefits from higher growth, the Reserve Bank of India has said. "The pressure on generalised inflation from sustained increase in wage costs has been one important characteristic of the recent high inflation episode. Wage increases for unskilled labourers in rural areas continue to be at a rate...
More »The Raja Who Stole From The Poor-Ashish Khetan
As food and civil supplies minister in the previous SP regime, Raja Bhaiya swindled Rs 100 crore from the PDS. As he presides over the food ministry once again, Ashish Khetan exposes the shocking loot A LITTLE MORE than a month ago, Akhilesh Yadav, chief minister of Uttar Pradesh, earned a landslide victory on the idea of hope: Ummeed ki cycle. He had promised clean governance and a corruption-free government. When...
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