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Govt discontinues weekly WPI release

-The Financial Express   The government today announced discontinuing releasing weekly primary and food inflation data based on the Wholesale Price Index. "Weekly WPI is discontinued henceforth," the Ministry of Commerce and Industry, which releases the inflation data, said. The government, however, will continue releasing the monthly headline or overall inflation data, which also contains the break-up for all segments including food, non-food, fuel and manufactured items. The headline inflation figures for January are scheduled...

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Revised rural job scheme wages only by April by Sreelatha Menon & Dilasha Seth

Unlike the dearness allowance that accrues to the salaries of workers every six months without any hassle, the linking of National Rural Employment Guarantee Act (NREGA) wages to inflation or the Consumer Price Index for agricultural wages has not led to a smooth annual revision. The revision for NREGA wages is supposed to happen every January after it was introduced last January. However, even a month into the new year, the...

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Court tells Centre to resolve wages issue through talks by K Balchand

Bench refuses to stay Karnataka High Court order In a major setback to the UPA government at the Centre, the Supreme Court on Monday refused to stay the Karnataka High Court order for payment of minimum wages to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) workers and suggested that the government, instead of appearing adversarial, should resolve the issue through a consultative process. The only relief the government secured was...

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Workers' struggle in Maruti Suzuki by Prasenjit Bose and Sourindra Ghosh

The multinational refuses to be sensitive to the grievances of its Indian workforce, which generates the greater proportion of the company's profits. The workers of the Maruti Suzuki India Limited's (MSIL) plant in Haryana's Manesar have been agitating since August-end against the dismissal and suspension of more than 60 of their colleagues and the management's insistence on their signing a ‘good conduct bond' before they are allowed to enter the plant....

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‘Rs. 39 enough for med expenditure’ by Dhananjay Mahapatra & Nitin Sethi

Updating the poverty line cutoff figures, the Planning Commission said that those spending in excess of Rs 32 a day in urban areas or Rs 26 a day in villages would no longer be eligible to draw benefits for those living below the poverty line. TOI broke down the overall monthly figure for urban areas and used the CPI for industrial workers along with the Tendulkar committie report figures to see...

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