-TheWire.in Unless consumer preferences shift to climate resistant crops, goals associated with the policy won’t materialize. On March 14, the Ministry of Environment, Forest and Climate Change (MoEFCC) uploaded a draft of the National Forest Policy 2018, three decades years after the last such policy. The draft appears to be an attempt to shift the approach towards forestry in India – specifically, from a local community- and ecology-centric approach emphasised in the...
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Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau -Somesh Jha
-Business Standard In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed. In comparison, job creation stood at 64,000 in April-June 2017...
More »States allowed to set up crop insurance firms to execute PMFBY
-PTI The Centre has allowed states to set up their own insurance companies for implementing Pradhan Mantri Fasal Bima Yojana (PMFBY), a senior Agriculture Ministry official said today. The move comes after several requests from states as well as observations made by Comptroller and Auditor General (CAG) in its 2017 report that old crop insurances schemes which have now been merged with PMFBY, were poorly implemented during 2011-2016. "We have allowed the states...
More »RBI didn't do audit: Central Vigilance Commissioner KV Chowdary on PNB fraud
-PTI NEW DELHI: Central Vigilance Commissioner K V Chowdary on Tuesday said the Reserve Bank of India had apparently not conducted an audit during the period of time when a Rs 13,000-crore scam hit the Punjab National Bank. Chowdary stressed the need to put into place a more robust auditing system. "They did not do this (an audit)," the head of the probity watchdog said. The CVC exercises superintendence over the CBI which...
More »Formal employment rises but less no. of regular jobs created in 2nd quarter of '17-18
The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...
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