After 47 days of their sit-in, government agrees to pay prevailing minimum wage From a black Diwali to a colourful Id! For hundreds of labourers who sat on dharna from October 2 near the Statue Circle here to press their demand for minimum wages under the MNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme), it was celebration time on Wednesday. After 47 days of sit-in protest, which was preceded by a...

A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...

The Rajasthan government today said it would index the payment for work under the National Rural Employment Guarantee Act to the rate of inflation. This would be the first such move by any state since the Centre froze minimum wages for the scheme two years before, at Rs 100 a day. This is one of the conditions the government agreed to while arriving at a settlement with the Mazdoor Kisan Shakti...

India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...

Some people feel agriculture in India provides employment much beyond its capacity — that is, the number of people working on the farm is many times the actual requirement. Prime Minister manmohan singh is among the proponents of this view. In his interaction with a group of editors last month, Singh said, “The only way we can raise our heads above poverty is for more people to be taken out of...