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Alternative to govt doles

-The Telegraph Standard model: The state provides a poor woman employment for 58 days a year, under the 100-day job guarantee scheme, at (Bengal's) daily wage rate of Rs 169. Cost: about Rs 20,000 over two years. Alternative: The state provides her an asset - maybe a small grocery - teaches her to run it and monitors her progress while giving a daily stipend for her consumption needs and ensuring basic healthcare...

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Nabard Can Help Weather Rural Financial Distress -Charan Singh

-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...

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Labour reforms: On track, but tough job ahead -Surabhi

-The Indian Express Niggling procedural hassles stymie efforts to modernise antiquated labour regulations.   As it completes one year in office, the NDA government seems to have finally bit the bullet and taken up the controversial Industrial Disputes Act, 1947, for amendments that would allow easier retrenchment and closure norms for firms with up to 300 workers though ensuring that the employees get higher compensation in return. The draft code on industrial relations has...

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It's not all gloom and doom in agriculture: Innovation is leading the way for these farmers -Vivian Fernandes

-FirstPost.com "Spray 50 parts per million of Gibberellic ralic acid, 6BA and 0050 grade potassium on leaves. Apply muriate of potash at the rate of 25 kg per acre." Almost every morning, Sanjeev Mane sends messages like these in Marathi to his 5,100 followers on Whatsapp in Maharashtra and the border areas. The post above, of 20 April, was advice to farmers on preparing their cane crop for the summer season. Cheap Internet...

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A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee

-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...

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