How much should workers under rural employment scheme be paid if minimum wage fixed by a state is more than that of the Centre? The Supreme Court has reiterated the Karnataka High Court order, directing the Centre to pay the minimum daily wage rate applicable in Karnataka to labourers employed in the state under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The Centre had fixed the wage rate for...
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FCI pays 30% less, forces distress sale by Sidhartha & Surojit Gupta
Farmers across the country are entitled to get Rs 1,080 a quintal (100kg) asminimum support price for paddy. But surprisingly, a team from the Centre that visited Bihar and Uttar Pradesh last week found that theFood Corporation of India (FCI) was paying nearly 30% less. With little procurement taking place in these states, farmers have been left with no option but to go for distress sale. The result: In procurement centres...
More »Govt firm on decision to ban ex-Isro chief Madahavan Nair by Rajeev Deshpande
Government has decided to blacklist India's moon mission man Madhavan Nair and three other scientists after the former Isro head was held culpable for his role in spectrum worth Rs 15,000 crore being given for Rs 1,000 crore to private firm Devas. Two inquiries ordered by the government concluded that Nair had seriously erred in withholding details of the agreement between Isro's commercial arm Antrix and Devas for use of S-band...
More »World needs 600 million jobs for economic growth over the next decade-UN report
-The United Nations The world needs to create 600 million new jobs over the next decade to sustain economic growth and maintain social stability, the United Nations International Labour Organization (ILO) said in its annual report on global employment unveiled today. According to the report entitled ‘Global Employment Trends 2012: Preventing a deeper jobs crisis,’ the world faces the additional challenge of creating decent jobs for the estimated 900 million workers who...
More »Supreme Court upholds verdict matching NREGA pay with state wages
-The Economic Times The Supreme Court has refused to stay a recent Karnataka High Court verdict that has said the central government is liable to pay higher wages under the country's flagship rural employment programme in tandem with that of the state minimum wage rate. It has further asked the government to find a way to end the disparity between the wages paid under Mahatma Gandhi National Rural Employment Act (MGNREGA)...
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