-The Economic Times NEW DELHI: As many as nine central government departments, including the railways and the ministries of finance, commerce and petroleum, could be in the dock for flouting employment laws governing contract workers. The Central Labour Commissioner has sought compliance reports for contract workers deployed in several ministries, including the commissioner's own office in the labour ministry, which uses the services of 20 contract employees via a private software firm. The...
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A sugar rush that could fuel the economy -R Viswanathan
-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...
More »62% petrol used by two-wheelers, 27% by cars, survey shows -Sanjay Dutta
-The Times of India NEW DELHI: The government touted petrol as rich man's fuel to stop subsidy. But a latest survey shows 62% of the fuel flowing into the market is consumed by the aam aadmi's sawari - two-wheelers - while about 2% is being sold loose by people to earn their livelihood in remote villages and coastal areas. The survey, conducted by Nielsen for the oil ministry's think-tank - Petroleum...
More »Muzaffarnagar riots: 'Life has become a fight for food, clothing, shelter' -Dipankar Ghose
-The Indian Express Bassikalan (Muzaffarnagar, UP): Rashid Ali was born in a family of relative affluence - he was one of the few Muslims in Lakh village who had a farm, cattle, a roof over his head, and food aplenty. Ordinarily, with the sugarcane resting in the fields, only to be cut a month later, September was a month of leisure. The rise and fall of the sun didn't dictate his...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
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