A notification expected on January 1 to hike wages of workers under the national job guarantee scheme — to counter inflation — is stuck because of pressure from National Advisory Council activists who want this hike to be linked to the Minimum Wages Act. The Rural Development Ministry was slated to notify revised NREGS wages indexing it to the Consumer Price Index for agricultural labourers (CPI-AL) with April 2009 as the...
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PM rejects NAC's recommendation on minimum pay by Rukmini Shrinivasan
Prime Minister Manmohan Singh has shot down the Sonia Gandhi-headed National Advisory Council's recommendation that the National Rural Employment Guarantee Scheme (NREGS) workers be paid the minimum wages set by states. The prime minister, in his December 31 letter to the UPA chairperson, clarified that the wage rate fixed by the central government would be indexed to inflation but not linked to the Minimum Wage Act. The PM's letter says...
More »UID set to replace PF account number
Once the unique identification (UID) project is fully launched, it will also serve as the number to track PF accounts of individuals. Most importantly , this number will not only help in online checking of the status of the account but also to ensure a smooth transfer once a person changes jobs. Labour secretary P C Chaturvedi says this will happen in the second phase of digitization of EPFO but the...
More »Flat since 1991 by Manish Sabharwal
The only economic or social variable that has not moved since 1991 in India is our 93% informal employment in the informal sector. So, while we have smartly and substantially moved the needle on everything from foreign exchange reserves, infant mortality, school enrolment, market capitalisation, foreign investment, and pregnancy deaths, 9 out of 10 of our workers do not work in organised employment. Informal employment—what President Alan Garcia of Peru...
More »Nitish's assets much less than his colleagues
Bihar Chief Minister Nitish Kumar lags far behind his ministerial colleagues in his wealth, details of which were made public on Monday. Details of the assets of 30 Bihar ministers, including Kumar's were uploaded in the government websites as a step towards ending corruption and promised by the chief minister. Kumar's moveable assets include Rs 31,760 in cash, Rs 57,770 in bank account, a Santro car of 2003 model, an old TV...
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