-Huffington Post NEW DELHI - A searing El Nino was to have sucked the rains out of India, but meteorologists here can't explain why is it raining so much. Rains in north-west India are, as of 21st July, eight percent more than what the region usually gets between June 1 --the onset of the monsoon--and late July. Moreover the latest forecast from both state and private meteorologists is that beginning this week,...
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Labour meet proposes social security schemes for workers -Somesh Jha
-Business Standard No consensus as yet on social security code Even though the Indian Labour Conference (ILC) could not build a consensus on forming a labour code on social security schemes, it recommended a slew of measures to broaden their coverage. The two-day conference, a tri-partite platform of trade unions, industry and the government, concluded here on Tuesday with a series of recommendations. It recommended that Employees' State Insurance Corporation (ESIC) coverage be expanded...
More »India's wholesale Inflation falls further to (-)2.4%
-IANS NEW DELHI: India's annual rate of Inflation based on wholesale prices continued in the negative territory in June, falling further to (-)2.4 per cent from (-)2.36 per cent for the month before, official data showed on Tuesday. The annual rate of Inflation, as per the official wholesale price index, stood at 5.66 per cent in the corresponding month of the previous year, according to data released by the ministry of commerce...
More »A State Only In Name -Rakshita Swamy
-The Indian Express Push for cash transfers tacitly asks citizens to fend for themselves The implementation of cash transfers by a state would necessarily entail: one, the identification of beneficiaries on the basis of predefined eligibility parameters; and two, calculating the exact amount of money, equivalent to the monetary value of the subsidy that beneficiaries were supposed to get, and transferring it into their bank accounts — with the intention that they...
More »Atal Pension Yojana: Guaranteed, but low pension -Anand Kalyanaraman
-The Hindu Business Line The Atal Pension Yojana is intended as a safety net for workers in the informal sector The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60. While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector. Guaranteed pension The scheme has been tailored to make it...
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