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PF set to cover all pay, not jut basic pay -Sidhartha

-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...

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World listens to ‘Iron Lady of Jharkhand’ in the Big Apple -Narayan Lakshman

-The Hindu New York: Dayamani Barla was presented with the first ever Ellen L. Lutz Indigenous Rights Award by Cultural Survival, an indigenous peoples' rights organisation The Big Apple is renowned as the home of investment banks, glitzy fashion shows and other 21st-century tributes to prodigious wealth accumulation. But on Thursday it played host to a powerful symbol of Indian adivasis' struggle against oppression, Jharkhand activist and journalist Dayamani Barla. On a rainy...

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Mandatory CSR in India: A Bad Proposal-Aneel Karnani

-Stanford Social Innovation Review Looked at from the perspective of the political right, and the left, and the center, the proposed law making CSR mandatory is a really bad idea. Companies all over the world are under increasing pressure to demonstrate that they are responsible citizens, with about 70 percent of large companies in Europe and the Americas reporting on their corporate social responsibility (CSR) initiatives. Despite this, the very concept...

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Where there is a will, not bill, there is a way

-The Telegraph Two companies running investment schemes have been shut down in Bengal within 48 hours of little more than an assertion by the chief minister, raising questions why the Trinamul government dragged its feet on Saradha by citing lack of legislation and complaints. Police have sealed some offices of MPS Greenery Developers Ltd and Prayag Infotech Hi-Rise Ltd following complaints of cheating. Both figure on a list of companies against which...

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Reality check on land -Yoginder K Alagh

-The Indian Express Law on land acquisition will reduce distortions in the use of a scarce resource Land records are in a mess in most states. While satellite imagery can yield an authentic image of the plots, it cannot determine ownership. The land acquisition issue is nearing the end of its first phase. With the government accepting key BJP demands, a consensus has been evolved and the Land Acquisition, Rehabilitation and Resettlement Bill...

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