-The Times of India NEW DELHI: Pan masala, gutka and several other tobacco products that are sold in pouches are set to get expensive as the government on Monday increased excise duty in a last-ditch effort to boost revenues. A statement issued by the finance ministry did not specify the extent of increase in excise but said the levy will now be linked to the capacity of production, which has increased due...
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'I don’t tell them if I am not well, as I may lose a day’s salary' -Harsha Raj Gatty
-The Indian Express Domestic workers in the state are meant to get minimum wage of Rs 5,000, health care benefits, scholarships for kids, life insurance. It's 4 am and Vasanthi B is already up. After years, it's now a habit, and she doesn't need an alarm to wake up to get her daughters Shweta, Shilpa and Shobha, aged 11, 9 and 7 respectively, ready for school. By the time they leave at...
More »Back to cereals
-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...
More »Centre Mulls Plans to Assist Employees Pursue Education
-Outlook The Centre is mulling a plan to extend more financial incentives for its employees for acquiring advanced educational qualifications while in service. The Ministry of Personnel has sought suggestions from all central government departments in this regard. As per the existing scheme, an employee gets a maximum of Rs 10,000 for acquiring a Post Graduate degree in computer science, information technology or veterinary science, or for a Ph.D, post his or her...
More »Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
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