-The Times of India NEW DELHI: A survey carried out in January last year by the Indian NGO SAVE reveals that young, unmarried women working in the garment manufacturing units of Tamil Nadu are tied to their employers in a system of bonded labour. Tamil Nadu is the largest cotton yarn producing state in India, home to about 1,574 of India's spinning mills. There are an estimated 2,24,000 women workers in...
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Industry ministry secy for rejig of land acquisition law-Nayanima Basu
-The Business Standard It is not pro-farmer, provides for too many committees and too many approvals, says Amitabh Kant The Department of Industrial Policy and Promotion (DIPP) will press to the next government for redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act. "The new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It is not pro-farmer; it provides for too many committees and too many...
More »Gujarat government Rs 4k crore short of tax target -Kapil Dave
-The Times of India GANDHINAGAR: Though the Modi government claims the state is in good financial health, the state exchequer's earnings seem to have fallen drastically. The state's taxmen failed to meet the Rs 45,000 crore target, falling short by a whopping Rs 4,068 crore. This has created a huge deficit and sent into a tailspin the state finance minister's tall claims about a revenue surplus budget. According to the state finance...
More »The weakest link in development lending-Joe Athialy
-The Business Standard Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...
More »The Third World's drinking problem-Asit K Biswas & Peter Brabeck-Letmathe
-The Business Standard International organisations recognise the impending shortage of potable water but their approach is entirely wrong During this year's gathering in Davos, the World Economic Forum released its ninth annual Global Risks report, which relies on a survey of more than 700 business leaders, government officials and non-profit actors to identify the world's most serious risks in the next decade. Perhaps most remarkably, four of the 10 threats listed this...
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