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'Rural wage hike pushing inflation, posing challenge for RBI'

-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...

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Centre raps private firms for quota failure -Subodh Ghildiyal

-The Times of India Amid talk of stimulating growth with sops to industry, the Centre has chided the private sector for performing abysmally on making the workforce inclusive by boosting dalit presence in its ranks. The industry in 2006 promised voluntary affirmative action to persuade the UPA-1 government to drop plans to enforce reservation in private sector through a legislation. Reviewing the updated results of affirmative action provided by the industry, Union social...

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Survey: many corporates hiked budget for safety of women staff

-The Hindu Bangalore: Many corporates have responded positively to the government’s advice to increase their overall budget by 65 per cent for safety and security, especially of women, revealed a survey undertaken by assocham Social Development Foundation (ASDF). According to the findings of the survey on ‘Women Safety and Security Budgets for 2013-14’, some corporates have hiked their budget by 65 per cent while others are in the process of doing it. The...

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Bloodied pulses-Sreelatha Menon

-The Business Standard Indian plantations bloom in Ethiopia at the cost of the livelihoods and homes of the tribals If there is “blood diamond”, there is also such a thing as “blood maize”, “blood soya” and “blood pulses”. These come all the way from plantations in Ethiopia and other countries with repressive regimes. India, which claims to shun blood diamonds coming from African mines that use slave labour, is enthusiastically backing exploitation of...

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Govt mulls allowing private traders in export of FCI wheat

-PTI The government today said it is working on a proposal to allow private traders in additional wheat export from the central stocks as part of its efforts to create space for the new crop. So far, the government has allowed export of 4.5 million tonnes of wheat from the Central pool stocks mainly by State-run trading corporations. "We are thinking of allowing private traders in export of additional wheat from the Food...

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