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Maruti offers 70% hike to workers over three years

-The Times of India NEW DELHI: Nearly two months after workers went on the rampage at its Manesar plant, Maruti Suzuki has doled out a bumper increment package in a new wage settlement agreement, offering salary increment of nearly 70%, apart from other benefits like interest-free personal loans. The agreement has been accepted by the company's labour union. S Y Siddiqui, Maruti's chief operating officer (administration ), said the company has signed...

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Unreliable MGNREGA data raise doubts & questions

Two sets of government data on UPA government's most famous flagship programme Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), for which Rs. 33000 crore was earmarked in 2012-13 budget, provide widely different figures for several states, a feature which experts say is indicative of the corruption in the scheme and weakness of social audit or accountability. The government has increasingly relied on Management Information System (MIS) for monitoring NREGA at...

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Built-in violence -TK Rajalakshmi

-The Hindu Stereotypical government policies and global approaches persist in family planning programmes. Urmila is a 40-year-old domestic worker in western Uttar Pradesh. The mother of six children, all girls, she is now pregnant again and is keen on carrying on with the pregnancy. Her husband is unemployed and is an alcoholic. His relatives have assured her that they will help her to bring up the child and have also hinted...

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Resurgent agricultural sector to have larger share in economy-Vinay Pandey

-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...

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RBI warns of more inflationary pressures from poor rains, MSPs

-PTI Indicating that its nearly three- year-old battle with inflation is not yet over and a loose monetary policy is still far off, the Reserve Bank today said the near-term inflation trajectory still remains sticky on the back of weak monsoon, higher support price for farm crops and the falling rupee. Headline inflation persisted above 7 per cent during the first quarter of the fiscal due to a rebound in food rates...

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