-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...
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CEOs give new land acquisition Bill the thumbs down
-The Business Standard The Bill will negatively impact new projects, with land acquisition cost going up by as much as 150%, say industry captains After the initial euphoria, leaders of India Inc are realising that the proposed Land Acquisition, Rehabilitation and Resettlement Bill will not make their lives easier. Instead, it will negatively impact new projects, with land acquisition cost going up by as much as 150 per cent, making large projects...
More »Seeking sun and wind power -Sujay Mehdudia
-The Hindu India’s investment in renewable energy was $10.4 billion in 2011 India is among the fastest growing economies in the area of renewable energy. Global players have either set up shop or are poised to enter the renewable energy area, spurred by the Jawaharlal Nehru National Solar Mission in the 11th Plan. The Government is getting ready to launch the second phase of this mission in the Twelfth Plan. According to Ernst...
More »Rs 600/month enough to feed family of 5: Sheila Dikshit -Ambika Pandit
-The Times of India They listened to chief minister Sheila Dikshit in silence but couldn't hide their disbelief. Speaking on the occasion of the launch of Delhi government's cash-for-food programme, Annshree Yojana, on Saturday, Dikshit argued that Rs 600 - the cash subsidy - was adequate for buying the monthly "dal, roti and chawal" for a poor family of around five. UPA chairperson Sonia Gandhi was on the stage at Thyagaraja...
More »Land bill has left many basic issues unresolved: Medha Patkar, social activist
-PTI Criticising the land acquisition bill cleared by the Cabinet, social activist Medha Patkar today said it has left many basic issues of conflict over forcible land acquisition unresolved. "It is also against the Parliamentary democracy that a unanimous report of the Standing Committee is not given due importance before finalising the draft and approving by the cabinet," she said in a release. "We would also like to point out that whole process...
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