-The Hindu Suggest “necessary preventive” measures to safeguard the interest of workers Trade union groups on Monday pitched for a worker-oriented Budget for 2012-13 aimed at removing poverty and unemployment and suggested “necessary preventive” measures to safeguard the interests of workers. At their meeting here with Finance Minister Pranab Mukherjee — the second in the series of the customary pre-Budget consultations — representatives of trade unions (TUs) proposed that wages of contract labour...
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Nod for 26% FDI in pension funds by Remya Nair
The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...
More »Slavery or Sumangali? Exploitation of Dalit Girls Exposed
Women’s stepping out of their homes to work is often seen as a symbol of empowerment. But what if girls and young women are first lured to work in factories on the false promise of decent wage, comfortable accommodation and payment of a lump sum amount at the end of 3 years contract, and then made to toil for pittance and their labour rights are violated? A report titled: Captured...
More »Hazare effect by V Venkatesan and Purnima S Tripathi
Anna Hazare's fast puts Jan Lokpal on the nation's agenda, but doubts remain whether it will help root out corruption. A FUTURE historian who browses the archives of Indian newspapers and news websites from April 5 to 10 will be confused over how to characterise the groundswell of public support across the country for the “fast unto death” undertaken at Jantar Mantar, in New Delhi, by a social activist not...
More »Anti-labour union by TK Rajalakshmi
The UPA-II government introduces with BJP support two anti-labour Bills, the Pension Bill and the Labour Laws Amendment Bill. ON March 24, the United Progressive Alliance (UPA) government managed to do what it had not been able to do in its first term – it reintroduced the Pension Fund Regulatory and Development Authority (PFRDA) Bill in Parliament with the support of the Bharatiya Janata Party. The objective of the Bill is...
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