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Are SEZs Specially Useless Zones? -Pravakar Sahoo

-The Hindu Business Line   The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the Special Economic Zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...

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Minimum monthly wages could go up to Rs 15,000 -Subhomoy Bhattacharjee

-The Indian Express The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal sectors in the country. The National Minimum Wages Act, 1948, lays down minimum wages for 45 listed economic activities, which also serve as minimum wages for these activities in the states. However, states can specify minimum wages for over 1,600 economic activities. Raising floor wages to Rs 15,000...

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Intelligence Bureau raises red flag on farmer suicides in its report to PMO -Aman Sharma

-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...

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Tribals worse off, facing alienation, says high-level panel report -Nitin Sethi

-The Business Standard Govt suppresses report recommending radical reforms to improve their socio-economic status as it goes against Centre's rapid industrialisation agenda The National Democratic Alliance government at the Centre has suppressed the report of the High-Level Committee on the Status of Tribals. The report presents a scathing analysis of how development activities and strategies in India have increased the socio-economic gulf between tribals and rest of the citizens of India and...

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Choice to the farmer -Ajay Jakhar

-The Indian Express In an article in these columns (‘A fertile mess', IE, December 11), Ashok Gulati says India has landed its fertiliser industry in a mess because of rising subsidies, lagging investment, unbalanced use of fertilisers and diversion of urea for other uses, among other things. He blames it all on administered pricing and subsidy costs, and advocates the increase of urea prices or cash transfer of the fertiliser subsidy...

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