-The Hindu Handlooms are the one area where India leads the world in skill, creativity and expertise. The Handloom Reservation Act must be strengthened, not repealed Last month, Gajendra Singh, a farmer, hanged himself in New Delhi. His death attracted massive attention as it happened so publicly, in front of the hundreds of people gathered there for Aam Aadmi Party’s rally against the Land Acquisition Bill. Such attention is rare, given that...

-HuffingtonPost.in In the backdrop of workers taking to the streets on Labour Day to protest against their status, here is why the government's rural jobs guarantee programme presents an alarming picture today. Declining expenditure Central Government expenditure on NREGA declined from Rs 40,100 crores in 2010-11 to Rs 38,597 crores in 2014-5. In real terms, this means a decline of about 30% over four years. As a ratio of GDP, Central Government expenditure...

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

-Livemint.com While economists disagree on the extent of rigidity in India’s labour regime, there is a broad consensus on the need to simplify labour laws After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws—the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...

-Business Standard According to a proposal by the Union labour ministry, 10 per cent of the employees or 100 workers will be needed at least to form a trade union Barely a week after trade unions across the country celebrate the Labour Day, the National Democratic Alliance government will meet workers' and industry representatives on May 6 to discuss proposals to make forming unions tougher and union activities more rule-bound. The proposals to...