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The good is in the detail -S Gurumurthy

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

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Factories Act revamp may signal labour law reforms

-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...

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Turmeric sowing begins on apprehensive note -S Harpal Singh

-The Hindu   Adilabad (Andhra Pradesh): Turmeric sowing has begun in Adilabad, but farmers are anxious about the price which their produce will attract eventually. "The market trend is not healthy so far as the price of turmeric is concerned and this could add to the problems of farmers, who are already reeling under the effect of the heavy loss they suffered owing to the dismally low price last season," says K. Narasimham...

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Rajasthan shows way in labour reforms-Vaidyanathan Iyer

-The Indian Express   RAJE Govt: Clears amendments to Industrial Disputes Act, Contract Labour Act, Factories Act Mumbai: The Vasundhara Raje-led government in Rajasthan has taken the lead in bringing about dramatic changes to Central labour laws, which reformists have long argued are holding back job creation in the country. Labour laws form part of the Concurrent List and the Union government has often claimed pre-eminence in allowing amendments proposed by states to...

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Conflict of interest in setting norms for pharmaceuticals in WHO -Rema Nagarajan

-The Times of India   NEW DELHI: The World Health Organisation's (WHO) work of setting up norms and standards for production of medicines seems to be flawed by a fundamental conflict of interest. At the heart of its standard setting work is an entity the International Conference on Harmonization (ICH) in which majority of the WHO member countries have no voting rights and which is dominated by pharmaceutical industry groups. This glaring...

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