-The Hindu Business Line The Economic Survey’s efforts to link ‘excess’ labour regulation to this practice do not stand up to scrutiny The Economic Survey has unconvincingly linked the practise of contract labour to an excess of labour regulation — what it calls ‘regulatory cholesterol’. The Survey alleges that to negotiate the regulatory “cholesterol” in labour law firms resort to contract labour. This is a contestable view. According to the Survey, extensive use...
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Dr ABP Pandey, Director General and Mission Director of UIDAI speaks to Nitin Sethi
-Business Standard Dr A B P Pandey, Director General and Mission Director of UIDAI speaks to Nitin Sethi on how the efficacy of Aadhaar will be monitored and what challenges it faces as it reaches the 100 crore enrolment mark. * Challenges now that the law is in place… Once the law is notified, then one be the procedural challenge. Government will have to notify necessary rules under the law and UIDAI will...
More »All you wanted to know about Aadhaar Bill -V Nalinakanthi
-The Hindu Business Line Last week, the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 was passed by the Lok Sabha. Earlier in the week, the Bill was returned by the Rajya Sabha with five key amendments, but these were turned down and the LS passed it as a Money Bill. What is it? The Aadhaar Bill plans to use the identification number issued by the Unique Identification...
More »Aadhaar-linked LPG: Govt says Rs 15,000 cr saved, survey says only Rs 14 cr in FY15 -Nitin Sethi
-Business Standard Research says Aadhaar was not necessary for de-duplication exercise What has been the net benefit that arose out of using Aadhaar within the Direct Benefits Transfer of liquefied petroleum gas (LPG) or PAHAL scheme as it is now called? Research done by the International Institute for Sustainable Development (IISD) says the benefit from Aadhaar in the scheme through de-duplication of records was at best limited to Rs 12-14 crore in...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
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