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Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha

-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion CERTificate will have to register with the Real Estate Regulatory Authority, to...

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Skill India needs a Tell India: We need to match skills with real jobs

-Hindustan Times It is almost a year since the launch of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), or the Skill India mission, with the aim of giving as many as 2.4 million young Indians industry-relevant training with an elaborate CERTification scheme. One year is too short a time to assess true progress in a bureaucracy-driven system of the kind India has, but, given the NDA’s earnestness to create jobs by...

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Pradhan Mantri Kaushal Vikas Yojana data till april 25: Of 17.58 lakh candidates skilled, 81,978 get placed -Aanchal Magazine & Anil Sasi

-The Indian Express Ministry cites ‘incomplete data’ as primary reason for low placement numbers. “Kaushal Bharat, Kushal Bharat” — it’s with this slogan that the government had launched its ambitious Skill India Mission in July last year, but the transformation from Kaushal to Kushal seems to be faltering at the last mile. While the government claimed to have trained twenty lakh people under its flagship Pradhan Mantri Kaushal Vikas Yojana (PMKVY), which works...

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Appointment letters to be made mandatory soon -Somesh Jha

-The Hindu Centre may fix a format which would include details such as designation. The Centre will soon make it mandatory for companies with more than ten workers to give appointment letters to employees at the time of joining — a move that would benefit millions of workers in the informal sector. An absence of legislation on the issue makes it difficult for workers, including those who are employed informally or via contractors...

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Now CSE seeks ban on potassium iodate

-PTI Potassium iodate, used as a flour treatment agent in making bread, causes cancer The Centre's ban on the use of potassium bromate as a food additive will reduce risk from cancer-causing chemicals and safeguard public health, the Centre for Science and Environment (CSE) said, on Tuesday, and also sought a ban on potassium iodate, another chemical used as a flour treatment agent in making bread. "We are happy to know that the...

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