The state government has written to the Centre for enhancing the wages for MG NREGS workers so as to meet the revised minimum wages given in the state. The government's letter follows constant demand by the mazdoor satyagrahis, who have been on a dharna near the Statue Circle for the past 17 days, for ensuring that the NREGA is also governed by the Minimum Wages Act. The letter, addressed to the...
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Suicide leash on lenders
Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...
More »Labour disputes rock Detroit of India
The city has come to be known as the Detroit of India for its large concentration of automakers, but a series of labour disputes have rocked it, putting a question mark over industrial peace. Car markers such as Hyundai Motor India, German luxury car maker BMW and Ford Motor India besides Finnish handset manufacturer Nokia India have set up their plants on the city outskirts employing more than 23,000 people. As...
More »The narcissism of the neurotic by P Sainath
The Commonwealth Games were no showcase, but a mirror of India 2010. If they presented anything, it was this — Indian crony, casino capitalism at its most vigorous. The Commonwealth Games over, we can now return to those of everyday Indian life. For all the protests, though, there was nothing in the corruption that marked the Games that does not permeate every town and city, all the time. Just that, in...
More »Punjab Dy CM requests RBI Governor to promote debt swap scheme for farmers
The Punjab Government Thursday requested the Reserve Bank of India that it should impress upon Public Sector banks to aggressively promote Agricultural Debt Swap scheme to free the farmers from the clutches of moneylenders. The Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal raised this issue when Dr. D. Subbarao, Governor, RBI today called on him. The Deputy Chief Minister impressed upon the Governor that the Punjab farmers reeling under Rs....
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