-The Indian Express Is the government postponing the use of the Rs 35,000-crore allocated for vaccine development in the current Budget? Has it been shy in using its good offices with the US to intercede on behalf of the country’s vaccine manufacturing companies? This time, last year, India was under a lockdown announced by Prime Minister Narendra Modi in a televised address during which he issued several messages of caution. He talked...
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India Inc gears up to go back to office -Goutam Das
-Livemint.com * Companies are slowly and tentatively shifting from WFH to WFO. What are the plans and pain points? * There’s apprehension about using public transport. Refurbishing office ventilation systems is a challenge. Whether offices would go back to 100% strength is an open question NEW DELHI: Paul Dupuis wore a blue suit, his lucky tie, brown shoes, a black mask and a cycling helmet before he hopped onto a vintage Indian bicycle....
More »UP's New Special Security Force Can "Search, Arrest Without Warrant" -Alok Pandey
-NDTV.com In a series of late-night posts, the UP government Twitter handle quoted Additional Chief Secretary (Home) Awanish Awasthi as saying that "eight battalions of the UPSSF will be constituted initially at a cost of ₹ 1747.06 crore". Lucknow: A special force will be set up in Uttar Pradesh, with powers similar to the CISF (Central Industrial Security Force), that can search and arrest without a warrant, the state government said on...
More »Technical glitches add to NREGA workers' despair -P Sujatha Varma
-The Hindu Wages to the tune of Rs.53.8 crore are yet to be paid in State Vijayawada; Frequent changes in wage disbursal methods and technical glitches, coupled with government apathy, have deprived 8.6 lakh porters of their hard-earned wages worth Rs.53.8 crore in the 13 districts of Andhra Pradesh under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). “Factors that stand between the workers and their wages range from failure of the...
More »Caste biases rife even in M&A deals in India, shows an IIM-B study -Arjun Srinivas
-Livemint.com * Company boards dominated by directors of the same caste tend to enter deals more often, shows an IIM-B study * These companies perform slightly worse in terms of returns than those who do not enter into same-caste deals New Delhi: The caste system pervades all spheres of Indian society. Caste biases still influence many aspects of the economy but the private corporate sector is generally perceived as an oasis of meritocracy...
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