-IANS The railway ministry has asked the rural development ministry to bring its projects in far-off and rural areas under the rural job guarantee scheme. "A number of our projects in railways, including regular maintenance, require unskilled labour forces. Most of such works are connected with earthwork, construction and maintenance of emBankments, cuttings, trenching, filling, developing water ways and clearing vegetational growth," Railway Minister Pawan Kumar Bansal said in a letter to...
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EPFO to include 'AAA' rated corporate bonds in portfolio-Raj Kumar Ray
-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
More »Dismal economic data adds to government’s woes
-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
More »SC fumes over sex tests, female foeticide
-IANS The Supreme Court Tuesday expressed its concern over the deteriorating sex ratio and chided state governments over their failure to check sex determination clinics and punish law violators fuelling female foeticide. "People have a belief that if they don't have a male child they will go to narak (hell)", the court said, asking "where is this narak"? The Pre-natal Diagnostic Techniques (Regulation and Prevention) Act, 1994, Bans determination of the sex of...
More »Doctors’ strike prima facie amounts to criminal offence: HC
-The Hindu Bangalore: Taking suo motu cognisance of the adverse effect on patients at government hospitals in the State owing to doctors’ strike, the Karnataka High Court on Tuesday directed the State government to prima facie treat doctors’ conduct as criminal offence under the Indian Penal Code (IPC) and initiate legal action against them. A Division Bench comprising acting Chief Justice K. Sreedhar Rao and Justice S. Abdul Nazeer passed the order...
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