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Azim Premji Bats For Worker Rights, Says Labour Laws Are Not Among "Industry's Top Constraints"

-TheWire.in In an op-ed, the IT services billionaire has said that diluting "already lax laws" will exacerbate conditions of low-wage earners. New Delhi: IT services firm Wipro founder Azim Premji on Saturday said he was shocked to learn of recent decisions taken by various state governments to weaken labour laws. In an op-ed in the Economic Times, the Indian billionaire argued that the dilution of “already lax laws” would not boost economic activity. “This...

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Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran

-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...

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Big beneficiaries of Tranche IV stimulus: Adani, Vedanta, Tata Power, Anil Ambani's Reliance -Nevin John

-BusinessToday.in Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...

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Enough with the lofty rhetoric. It’s time to let the money do the talk -Himanshu

-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...

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Less than 50% of households demanding MGNREGS jobs got them -Tina Edwin

-The Hindu Business Line Andhra Pradesh, Chhattisgarh, Odisha among better performers in providing work: Rural Development Ministry data Less than half the rural households that demanded work in the last 45 days were offered work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), data on the Ministry of Rural Development website show. Data updated as on May 15 show that 2.48 crore rural households across India had demanded work in the...

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