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Gujarat braces for cash shortage as chests dry up -Rutam Vora

-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have started receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in parts of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the bank branches. There...

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As labour-intensive sectors take a hit, exports dip in March

-The Hindu Business Line Trade deficit widens as imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is Due to liquidity problems. Exports, however,...

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SC/ST Act is like an umbrella, it ensures we are safe, say Mirchpur Dalits -Niha Masih

-Hindustan Times Despite a rare, legal victory, Dalits of Mirchpur are back on the streets — to fight for the SC/ST Act that helped them win a case seven years ago. Mirchpur, Hisar (Haryana): Gulab Singh, 80, is frail and bent with age. He hobbles around with a wooden stick at the makeshift camp he lives in, outside Haryana’s Hisar city. But on April 2, defying his body and age, he marched...

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Delay in MGNREGA wage payment caused by non-processing of Fund Transfer Orders, say social activists

-Press Release by NREGA Sangharsh Morcha dated 11 April, 2018 Stagnant wage rates are not the only rude shock that workers of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) received this month. Most of the them also remain unpaid for the work done by them in the past few months. Ninety-nine per cent of the Fund Transfer Orders (FTOs) for MGNREGA wage payments sent to the Public Finance Management...

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Pay rise proposed for midday cooks -Basant Kumar Mohanty

-The Telegraph New Delhi: The Centre is considering doubling the monthly pay of the country's 25 lakh midday meal cook-cum-helpers to Rs 2,000, but the unions say the proposed raise is too little. The cooks' current pay of Rs 1,000 - a fraction of the official minimum wages - has been static since 2009, with successive governments keeping a proposed hike pending for the past five years. Now, a year before the general...

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