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Sahara India Group: Rs1.12 Lakh Crore of 129.6mn Investors Remains 'Stuck', Says Govt

-MoneyLife.in Nearly 130mn (million) investors have investments of over Rs1.12 lakh crore 'stuck' in six companies of the Sahara group. Market regulator Securities and Exchange Board of India (SEBI) has been facilitating the repayment of principal and interest to the investors who invested in optionally fully convertible debentures (OFCDs) of Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara Housing Investment Corporation Ltd (SHICL), the Union government told the Lok Sabha.   In...

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Over 500 MGNREGA Workers Protest Against Delay in Wage Payments at Jantar Mantar

-TheWire.in The workers spoke about the persistent delays in wage payments, how they did not get work when they demanded it, and how no compensation was provided when they were injured or even kilLED at the workplace. New Delhi: More than 500 Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers from across 15 states gathered at Jantar Mantar in the national capital on Wednesday, August 3, to protest against the delayed...

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Supreme Court issues notice to govt on ED Director's tenure extension -Krishnadas Rajagopal

-The Hindu The petitioners have questioned the legality of amendments made to the Central Vigilance Commission Act by way of promulgation of an ordinance in November last year The Supreme Court on August 2 sought the government’s response on petitions challenging the “piecemeal” tenure extensions given to Enforcement Directorate (ED) Director Sanjay Kumar Mishra. The petitions fiLED by the likes of Congress party spokesperson Randeep Singh Surjewala, Trinamool Congress leader Mahua Moitra, social...

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Maharashtra farmers threaten to stop onion supplies from Aug 16 demanding better prices

-The Hindu Business Line Growers’ body seeks ₹25, says they are unable to recover production costs Maharashtra farmers, LED by the State Onion Growers’ Association, have threatened to stop bringing onion to the agricultural produce marketing committee (APMC) yards from August 16, if they don’t get an average price of ₹25 per kg for their produce. Maharashtra State Onion Growers’ Association President Bharat Dighole said in a statement on Monday: “For the past...

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Interim Report of the Fact Finding Team Investigating the Stoppage of MGNREGA Wages in West Bengal

-Press release by NREGA Sangharsh Morcha dated 28 July 2022 Based on the findings NREGA Sangharsh Morcha put forth the following demands: 1. All the documents pertaining to correspondence between the Central Government and the State Government on MGNREGA since 2019, including the reports of central team visits and action taken, should be made public. 2. The Labour Budget for West Bengal for the FY 2022-23 has to be approved immediately by the...

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