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Wages of industrial sin by Sreelatha Menon

Denial of labour entitlements to contract workers is at the root of urban squalor The human development report does not say anything new. It only sums up the outcome of policies being followed in this country. It does not, for instance, highlight the seeds that have manifested themselves in hunger and poverty. One of the seeds is the helpless labour enforcement machinery, which is unable to deal with the mammoth reality...

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EGoM on food deferred due to differences among ruling allies

-PTI   A meeting of the Empowered Group of Ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee and scheduled for today, has been postponed due to differences among ruling allies, especially the NCP, over the sugar export policy. The meeting was deferred as the NCP leader and Agriculture Minister, Sharad Pawar, wanted a clear policy on sugar export for 2011-12 to be decided this month, but Food Minister KV Thomas was...

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SFIO to have powers to prosecute companies by Devesh Kumar

The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali.  The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies.  The government expects the bill to modernise,...

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Workers strike thrice in five months, How Maruti lost connect with them by Sruthijith KK & Chanchal Pal Chauhan

There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...

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Despite good monsoon, farmers blame NREGA for low profits

-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...

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