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Minimum monthly wages could go up to Rs 15,000 -Subhomoy Bhattacharjee

-The Indian Express The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal sectors in the country. The National Minimum Wages Act, 1948, lays down minimum wages for 45 listed economic activities, which also serve as minimum wages for these activities in the states. However, states can specify minimum wages for over 1,600 economic activities. Raising floor wages to Rs 15,000...

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Are SEZs Specially Useless Zones? -Pravakar Sahoo

-The Hindu Business Line   The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the Special Economic Zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...

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The great forgetting -Himanshu

-The Indian Express The Situation Assessment Survey (SAS) of agricultural households, released last week by the National Sample Survey Office (NSSO), is the second one ever to be done. The SAS of 2003 was necessitated by the agrarian crisis of the time. Farmer suicides had reached a peak, and the reference year for the survey, 2002-2003, had seen severe drought. The agricultural sector was in crisis, with growth rates slowing to...

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Review of national targets must for climate action: Pachauri -Meena Menon

-The Hindu While India and other countries have been opposing a review of their national contributions to tackle climate change, chairperson of the Inter-governmental Panel on Climate Change (IPCC) Dr. R. K. Pachauri is firm that unless there is a process of review in place, the direction the world is taking to tackle climate change will not be clear. A periodic review of targets and achievements is a must, he...

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Choice to the farmer -Ajay Jakhar

-The Indian Express In an article in these columns (‘A fertile mess', IE, December 11), Ashok Gulati says India has landed its fertiliser industry in a mess because of rising subsidies, lagging Investment, unbalanced use of fertilisers and diversion of urea for other uses, among other things. He blames it all on administered pricing and subsidy costs, and advocates the increase of urea prices or cash transfer of the fertiliser subsidy...

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