-The Times of India RAIPUR: The sky is overcast, the fields lush with paddy. A good harvest beckons and to complete the picture of a rural idyll, Chhattisgarh has posted 'zero' farmer suicides for 2011. For a state that has consistently reported the highest rate of farmer suicides in India, with 1,773 cases in 2008; 1,802 in 2009; and 1,126 in 2010, eliminating farmer suicides would be a thundering achievement. But...
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PSU Bank Employees Go On 2-Day Strike
-PTI Employees of public sector banks have gone on two-day nationwide strike today opposing banking sector reforms and outsourcing of non-core activities, affecting operations. Several private sector banks, foreign banks and ATMs, however, continued to operate normally. The strike call was given by the United Forum of Bank Unions (UFBU), an umbrella organisation of nine unions of employees and officers of PSU banks. They are protesting against banking sector reforms and unilateral implementation of...
More »Seven-and-half years from an opaque to a transparent process for coal allocation
-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...
More »Wal-Mart, others seek US govt help on India plans
-PTI Amid growing political opposition in India for easing of foreign investment norms in retail and other sectors, US-based companies like Wal-Mart and Prudential Financial are lobbying hard with their own lawmakers here to garner support for their Indian business expansion plans. As per their latest lobbying disclosure reports filed with the House of Representatives and the Senate, the US-based companies and industry groups spent millions of dollars since the beginning of...
More »Naxalite hand in Maruti violence?-Pankaj Doval
-The Times of India The bloody and systematic attack on the senior management at Maruti's Manesar plant may have been the result of Naxal influence, according to sources within the government. Intelligence agencies have been asked to investigate whether Maoists are infiltrating trade unions in the Gurgaon-Manesar belt, which has witnessed serious labour trouble in the past few years, added the sources. The agencies are looking at a couple of trade unions...
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