Foreign retailers may have to reserve at least half of their jobs in superstores for rural youth and source more than the mandated 30% from micro and small industries as the government tries to salvage the big ticket but controversial economic reform. An official said the government is likely to have a relook at a proposal that seeks to reserve at least 50% of jobs in foreign-owned superstores for those who...
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Saranda’s new beginning by Animesh Bisoee
Union rural development minister Jairam Ramesh admitted lapses of the past but spoke of a new beginning today in Saranda while unveiling an action plan for the forest region that was under the shadow of Maoist terror for over a decade. Armed with goodies like bicycles and transistor radios for residents of Chotanagra panchayat, about 120km from district headquarters of Chaibasa, Ramesh made it clear that the implementation of the development...
More »Cong’s big chance and threat by Manini Chatterjee
The Congress today appears besieged and beleaguered with key allies and even members from its own ranks lining up behind the combined Opposition in vehemently opposing the Manmohan Singh government’s decision to allow FDI in multi-brand retail. But, paradoxically, this state of siege — reflected by the prolonged deadlock in Parliament with a quasi no-confidence motion hanging over it — also gives the Grand Old Party a great opportunity not just...
More »Gender discrimination haunts the visually challenged too by Vasudha Venugopal
Usha Thiruvengadam, a trained Carnatic vocalist and violin player, has been searching for a job in government-run schools as a music teacher for the past five years. Her struggle for a job despite her disability has earned her a great deal of respect from many of her friends. They also note: “Her husband did not marry her for the assistance. He takes her everywhere.” For many other visually challenged women, trusting...
More »World on brink of another economic meltdown and recession: UN
-PTI The United Nations has warned that the world is on the brink of another recession, projecting that global economic growth will slow down further in 2012 and even emerging powerhouses like India and China, which led the recovery last time, will get bogged down. The UN 'World Economic Situation and Prospects 2012' report has cut the global growth forecast for next year to 2.6 per cent from 4 per cent in...
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