-The Indian Express Niggling procedural hassles stymie efforts to modernise antiquated labour regulations. As it completes one year in office, the NDA government seems to have finally bit the bullet and taken up the controversial Industrial Disputes Act, 1947, for amendments that would allow easier retrenchment and closure norms for firms with up to 300 workers though ensuring that the employees get higher compensation in return. The draft code on industrial relations has...
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Deepening agrarian crisis endangers food security
A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food economy of the nation, apart from breaking the spirit...
More »Too early to say deficit monsoon to hit rural lending -Abhijit Lele
-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...
More »Indian sensors slept through quake -GS Mudur
-The Telegraph New Delhi: A network of 293 ground motion sensors located across northern, eastern and northeastern India lay crippled during Nepal's 7.9 magnitude earthquake and its aftershocks, handicapping researchers trying to assess how the quakes affected cities and towns in these regions. No one knows how many of the 293 sensors designed to measure ground acceleration during earthquakes were actually recording data during the weekend earthquakes because funding for maintenance of...
More »Killing a country’s ecology -Colin Gonsalves
-The Hindu The Environment Minister insists on clearing all hydro projects, even when the government itself earlier agreed that the Himalayas must be avoided for development work. A battle of epic proportions between the hydroelectric power companies and the people of Uttarakhand has now culminated with the struggle shifting to the office of the Prime Minister of India. It began with the extraordinary and far-sighted 2014 decision of the Supreme Court in...
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