-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...

—AP Envoys from nearly 90 nations signed on Friday the first new U.N. telecommunications treaty since the Internet age, but the U.S. and other Western nations refused to join after claiming it endorses greater government control over cyberspace. The head of the U.N. telecoms group pushed back against U.S. assertions, defending the accord as necessary to help expand online services to poorer nations and add more voices to shape the direction of...

-The Indian Express The Union Cabinet has reversed its July 2006 decision to limit the disclosure of file notings to certain issues and to exclude certain departments under the RTI Act. While the Cabinet decision is welcome, a major hurdle in the path of transparency in governance is yet to be addressed as file notings of the Appointments Committee of Cabinet (ACC), which clears appointments to more than 2,500 key posts...

-The Economic Times The results of the UN climate-change conference that closed in Doha, Qatar, last Saturday show once again that the international negotiations are progressing, albeit slowly. At the heart of these negotiations is the most challenging energy transformation the world has ever seen. Past energy transitions have taken a long time to unfold. Firewood was not displaced by coal until the 18th century. It took one century for oil to...

-Outlook Describing the government's ambitious direct cash transfer scheme as a "powerful tool", Reserve Bank Deputy Governor K C Chakrabarty has said the initiative will help reduce fiscal deficit, which in turn will also bring down inflation if implemented well. "The direct cash transfer scheme will reduce the fiscal deficit, which in turn will facilitate inflation control," Chakrabarty, the senior-most of the four deputy governors at the Mint Road, told PTI in...