-The Indian Express Convert crisis into opportunity: Shift from supply side augmentation to demand side management. Scattered “mango rains” have brought a little respite from scorching heat in certain places. Earlier, IMD’s forecast of above normal monsoon rains had given some hope for forthcoming acche din. Yet, a sizeable part of India is still smouldering under the grip of a drought. Bundelkhand and Marathwada are just samples, but in reality more...

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

-The New Indian Express MYSURU: Drought showers miseries. Soaring vegetable prices are one of them. With crops drying up, the supply has slackened, increasing the prices by 25-50 percent in the last couple of weeks. An increased demand for salads has also contributed to the rising prices. Tomato which was sold for less than Rs 4 a kg last month now costs Rs 15-20 as the standing crops in parts of Panadavpura, Srirangapatna...

-The Indian Express Of the Rs 21,000 crore expected to be released till June, this month the ministry has provided Rs 12,000 crore to the states towards payment of last year’s arrears for labour cost as well as for the month of April. Anticipating a huge spike in the demand for work due to severe drought conditions in most parts of the country, the Ministry of Rural Development (MoRD) has decided...

-The Hindu Of the 3.6 crore contract workers about 32 % are employed by contractors in the public sector. The Labour Ministry has proposed a minimum monthly income of Rs.10,000 for contract workers, evoking strong reactions from the industry. The move will drastically increase the minimum wages of contract labourers from around Rs.6,000 per month that is paid to them in a few sectors at present. According to the plan the employers will...