-The Times of India With the UPA government's efforts to build a consensus on allowing foreign retailers in the multi-brand retail sector going nowhere, Prime Minister Manmohan Singh on Wednesday urged the UPA allies to help evolve a consensus on the reforms measure. Participating in the first meeting of the newly set-up UPA co-ordination committee, PM said that it was necessary to build support for the move to let in foreign retailers. The...
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Report cites ‘major labour abuses’ in textile sector-M Soundariya Preetha
-The Hindu Though there are improvements in employment and labour conditions on the work floor and in workers’ hostels in textile mills and garment factories in the State, “major labour abuses continue to occur,” according to the latest report by non-government watchdogs. The Centre for Research on Multinational Corporations (SOMO) and the India Committee of the Netherlands (ICN) published a report, ‘Captured by cotton’, in May 2011 on the exploitation of Dalit...
More »New water usage norms to encourage conservation
-The Economic Times The government plans to intervene in the use of water by industries and encourage conservation of the increasingly scarce resource by setting up a 'bureau of water-use efficiency' to grade various sectors and issue guidelines, official sources said. "We'll start with the industries and analyse whether they are water friendly or not," said a senior official at the ministry of water resources. For this, the ministry has roped in industrial...
More »India rethinks frequent ban on export of foodgrain, other farm commodities-Amiti Sen
-The Economic Times India's frequent ban on export of foodgrains and other farm commodities may soon become a thing of past as the commerce department is working on a policy to allow traders meet their exports obligations even in times of domestic shortages through imports. The move will help India restore some global credibility as it has often faced flak for its banning spree. "Once we are ready with the proposal, it will...
More »What killed our boom-Ashok V Desai
-The Telegraph Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...
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