-The Hindu Business Line New Delhi: The Comptroller and Auditor General of India has found the estimated savings on account of Direct Benefit Transfer of LPG in 2015-16 to be lower than that of the Ministry of Petroleum and Natural Gas, primarily because of the differences in assumption of key variables. In a report titled ‘Implementation of PAHAL (DBTL) Scheme’ tabled in the Lok Sabha on Friday, the CAG found that the...
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India’s forests valued at Rs 115 trillion, but tribals unlikely to get a share -Kumar Sambhav Shrivastava
-Hindustan Times New Delhi: India’s forests are worth as much as the combined market value of BSE-listed Companies with a notional value of Rs 115 trillion but the money collected from diverting parts of this land for industries won’t go to communities that live in and are dependent on the jungles. The Union environment ministry accepted most recommendations of a 2013 expert panel that hiked the rates at which industrialists pay for...
More »Farmers in parched India village use crowdfunding to build canal -Saritha Rai
-Bloomberg When farmers in the scorched village of Horti in Western India were struggling to raise money for a canal, they turned to an unlikely source: a crowdfunding website called FuelADream. The farmers had never heard of crowdfunding before, but a local non-profit group suggested the site and helped them write a proposal that explained how a canal would help feed local families. Within weeks, they had raised Rs 300,000 ($4,490) from...
More »Bridging the skill gap -Santosh Mehrotra
-The Hindu A levy on firms, resources from which are earmarked for vocational training, is what could help the country bridge the skill gap in its workforce. Financing technical vocational education and training (VET) is costlier than general education due to its technical nature. Pre-service training requires the installation of equipment and trained instructors to train youth. This raises the cost of training, and remains a factor preventing pre-service training from expanding...
More »How do India’s top 100 Companies fare in terms of sexual harassment? -Amritha Pillay, Sachin P Mampatta and Ritika Mazumdar
-Livemint.com Reporting of sexual harassment complaints has increased from 2012-13 to 2014-15, but some sectors and smaller Companies might be prone to serious under-reporting Mumbai: Last month, Tata Motors announced its decision to increase the number of women employees on the shop floor from 6% to 20% within two years. Both private players as well as the government are making efforts to encourage more Indian women to work across sectors. A...
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