-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
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Govt firm on labour reforms -Prashant K Nanda
-Livemint.com Team of civil servants makes presentation at PMO about plans, briefs top officials of NITI Aayog on strategy New Delhi: Undeterred by opposition from trade unions, the Narendra Modi government appears to have made up its mind to pursue labour reforms to boost manufacturing that could potentially absorb millions of workers in a country that will have the world’s largest workforce within the next 15 years. The labour ministry is understood...
More »Highlights of Union Budget 2015
-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...
More »International garment brands not transparent about labour exploitation by their Indian suppliers: report -M Suchitra
-Down to Earth 100,000 young children and teenage girls are victims of 'bonded labour' in Tamil Nadu; dalit girls worse off An international organisation working for welfare of workers has drawn attention to the hazardous and exploitative working conditions of young girls working for the garment sector in Tamil Nadu. An estimated 100,000 children and teenage girls are working in extremely oppressive conditions in the spinning mills and garment factories in Tamil Nadu,...
More »Raise pension under EPS to Rs 3,000 a month: BJP
-The Times of India NEW DELHI: BJP on Wednesday made a strong pitch for increasing the minimum pension to beneficiaries under the employees pension scheme (EPS) to Rs 3,000 per month and link it to the price index, against Rs 1,000 proposed by the government. "The BJP demands that the minimum pension under EPS 95 (EPF Pension) should be declared at Rs 3,000 per month and not at Rs 1,000 as government...
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