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Aruna Roy upset over minimum wages issue-Smita Gupta

-The Hindu   How a country like India can deny payment of minimum wages, she asks For the second time since it was created, rights activist Aruna Roy has resigned from the Sonia Gandhi-led National Advisory Council (NAC), this time criticising the government for not accepting the council's recommendations on minimum wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), even as she thanked the council's chairperson for the...

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Ponzi puzzle stumps Amway

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

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Does Sahara group come under RTI Act? Sebi gets a query!

-PTI MUMBAI: A long-drawn case involving funds raised by two Sahara firms through 'various illegalities' seems to have made Sebi a preferred agency for all kinds of queries about the group, with the latest being whether the Lucknow-based conglomerate falls under the purview of RTI Act. After Sebi rejected the information sought from it through an RTI (Right To Information) application in this regard, the appellant approached the Appellate Authority but the...

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Aruna Roy opts out of NAC, criticises govt over MGNREGA wages

-PTI NEW DELHI: Social activist Aruna Roy has decided not to continue in UPA Chairperson Sonia Gandhi-led NAC after her term expires on Friday, criticising the government for not taking up recommendations of the council on minimum wages to workers under MGNREGA. Roy has written to Gandhi requesting that she should not be considered for another term of NAC that sets the social agenda for the government and the UPA Chairperson has...

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PF set to cover all pay, not jut basic pay -Sidhartha

-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...

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