-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

-The Hindu The Haryana High Court order had stayed a controversial State law which provides 75% reservation for local youths in Private Sector Jobs earning less than Rs.30,000 a month. The Supreme Court on Thursday set aside a Punjab and Haryana High Court order staying a controversial State law which provides 75% reservation for local youths in Private Sector Jobs earning less than ₹30,000 a month. Industry associations have said the law “affects...

-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...

-The Telegraph The Centre’s efforts to introduce reformist laws to reinvigorate the business ecosystem can often be stymied by the states through regressive legislation Labour reform in India has always been a prickly subject and any attempt to amend legislation sparks outrage and resentment among one or the other group of stakeholders in the economy. When the Narendra Modi government crunched 29 Central laws into four labour codes last year, India Inc...

-Hindustan Times From January 15, 2022, a law giving 75% reservation for local residents in Private Sector Jobs will come into effect in Haryana From January 15, 2022, a law giving 75% reservation for local residents in Private Sector Jobs will come into effect in Haryana. To be sure, the policy will only apply to jobs where the monthly salary is up to ₹30,000. The announcement has already triggered a rethink among...