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The World Bank’s misdiagnosis-Himanshu

-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment  The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...

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Cap on LPG Cylinders Emerges Major Poll Plank in HP

-Outlook In poll-bound Himachal, where political heat has reached to the maximum in its last leg, the capping on LPG cylinders following a recent order by the Centre has pushed all other issues on the backburner with the ruling BJP banking on it to keep voters away from Congress. "Gas ke chulhe ki mar ya Induction chulhe ka uphar (choice is yours, whether a free induction stove or the pinch of cap...

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Rahul backs FDI in retail, says it will benefit farmers

-PTI Backing Centre's decision to allow FDI in multi-brand retail, Congress leader Rahul Gandhi has said the decision will help farmers prosper by removing middlemen from the supply chain and generate new jobs. Addressing the national executive of Indian Youth Congress in Srinagar last night, Rahul said FDI in retail will help farmers store their produce safely for a longer duration, thus ensuring best value for their crops. The 42-year-old AICC general...

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Coalgate figures may not be accurate, hints Chief Justice of India SH Kapadia -Dhananjay Mahapatra

-The Times of India Chief Justice of India (CJI) S H Kapadia on Saturday joined the debate on the CAG's estimate of "windfall gains" for private players in the coal block allocation scam, suggesting such assessments may not be accurate. "People should be educated on economics as well to understand that these irregularities should be understood from the point of loss, which was a matter of fact, and not from profit angle,...

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Unemployment dole on the way out in State?-KPM Basheer

-The Hindu Unemployment dole, introduced in Kerala in 1982, the first State to do so, could soon be a thing of past if Labour Minister Shibu Baby John has his way. “We need to rethink on the unemployment dole as it does not serve any purpose now,” Mr. John toldThe Hindu . The government spends Rs.50 crore a year on the unemployment assistance scheme and there are roughly 3.5 lakh people getting...

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