-ENS Economic Bureau   The government today approved a national policy for manufacturing that aims to increase the sector’s share in the economy to 22 per cent from 16 per cent and create 100 million jobs over 10 years. The policy will ensure this by facilitating national manufacturing investment zones, which will offer faster clearances. “It hopes to... give comfort to investors through a single-window clearance mechanism,” Commerce and Industry Minister Anand Sharma...

India's CABinet has approved a major new policy to develop national manufacturing. The policy aims to create a 100 million jobs in the next 10 years and allows for a series of special new zones to support manufacturing growth. At the moment, that sector only accounts for about 16% of the country's gross domestic product. That has barely changed in the last three decades and is seen as well below India's potential. It is...

-The Hindu   The Union government on Tuesday announced an increase of Rs. 115 in the minimum support price (MSP) of wheat, which has been set at Rs. 1,285 a quintal for the 2012-13 rabi marketing season. The MSP for the previous year was Rs. 1,170 including a bonus of Rs. 50. Terming the increase a “Diwali bonanza to farmers,” Law Minister Salman Khursheed told journalists that the decision was taken at a...

-PTI   The Union CABinet today approved the recommendations of the Majithia wage boards allowing an increase in salaries and allowances that will benefit over 40,000 newspaper employees, including journalists. The revised wage will be appliCABle with effect from July 1, 2010, while other allowances, such as those for transport, house rent and hardship, shall be effective from the date of notification in the gazette, labour minister Mallikarjun Kharge said. The revised pay scale...

Biraj Patnaik, principal adviser to the Supreme Court commissioners on the right to food, is up in arms against the National Food Security Bill. “Despite multiple meetings and many suggestions put forward, what we have is a mockery of a bill. The government has made a dog’s breakfast out of the right to food bill,” he exclaims. Patnaik’s is not a one-off complaint. Some argue that the country’s law-making process is...