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President okays Rajasthan labour reforms: Firms with 300 workers need no govt nod to sack -Somesh Jha

-Business Standard State expects more investment as industry cheers move Paving the way for the first set of labour reforms in the country, President Pranab Mukherjee has given his assent to Rajasthan's amendments to three laws. Among major changes, the Industrial Disputes Act will allow companies employing up to 300 staffers to lay off workers or close down without taking the government's prior approval. Earlier, those with up to 100 employees...

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Govt. LPG subsidy capped at Rs. 20 a kg -Puja Mehra

-The Hindu The Union government has also decided to resume providing subsidy on cooking gas through direct cash transfers straight into consumers' bank accounts. The Modi government has frozen the budget subsidy for cooking gas at Rs. 20 a kg. This will not mean any increase in price for the consumer right away. However, if international prices were to rise, as they normally do in winter, then the government will be faced with...

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Sunita Narain out of PM’s climate change panel -Vishwa Mohan

-The Times of India NEW DELHI: The government on Wednesday recast the almost defunct Prime Minister's council on climate change, a move seen as an effort to handle climate issues pro-actively from the top. The revamped body is to meet soon to take key policy decisions ahead of the Lima climate conference next month. Environmentalist Sunita Narain has been dropped from the body - an apparent reflection of the Centre's discomfiture with...

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Executive Decision: How NDA is tweaking social sector laws -Nitin Sethi

-The Business Standard The NDA is using the discretionary powers allocated by the UPA government to either chip away at or metastasize social sector programmes The NDA government has found two ways to deal with the social sector programmes and policies it has got from UPA as legacy. Some of these the NDA wants shrunk or diminished and it's doing so through executive fiat, often in stealth mode. Then there are others...

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Battered & bruised, Planning Commission loses more of its teeth -Sanjeeb Mukherjee

-The Business Standard Most key functions now handled by the finance ministry and other govt departments When Prime Minister Narendra Modi recently extended a Rs 8,000-crore central support for building roads in Jammu & Kashmir, Union CABinet's approval for the big-ticket announcement came in barely 48 hours. Unlike in the past, the proposal did not get stuck in the corridors of the Planning Commission, a Nehruvian-era body. The Commission, which occupied the centre...

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