-The Hindu The Wistron incident is an example of how exploitative labour practices could accompany businesses moving to India Apple’s decision to place its Taiwanese supplier, Wistron Corp., on probation by not giving new orders — after an audit of the serious lapses in labour practices that led to violence in its facility in Narasapura in Karnataka — is a step forward in corporate accountability and ethical business operations. Pressured by Apple’s...
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Economic revival beating predictions: RBI bulletin
-The Hindu “Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing,” RBI officials say in an ARTicle in the central bank’s monthly bulletin. There is now more evidence to show that the Indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor Michael Patra, said in an ARTicle in the...
More »500 NREGA workers in Andhra allegedly not paid wages for nearly 20 months -Charan Teja
-TheNewsMinute.com The workers alleged that there have been irregularities in paying their wages for nearly 20 months, to the tune of Rs 20 lakh. Around 500 daily wage labourers registered under the NREGA (National Rural Employment Guarantee Act) in Andhra Pradesh’s East Godavari district have alleged irregularities in the payment of their wages for nearly 20 months, to the tune of Rs 20 lakh. The incident came to light from Chirutapudi gram...
More »Beware of illegal digital lending apps: RBI
-The Hindu Advisory in the backdrop of suicides in Telangana Hyderabad: The Reserve Bank of India has advised public to be wary of unauthorised digital lending platforms and mobile apps. Taking note of reports about individuals and small businesses falling prey to a growing number of unauthorised digital lending platforms/mobile apps, the central bank on Wednesday said “members of public are cautioned not to fall prey to such unscrupulous activities.” It urged them...
More »It’s MP, not Haryana or Punjab, which reaped the benefits of MSP the most -Radheshyam Jadhav
-The Hindu Business Line Pune: The protest against the Centre’s newly introduced farm laws is loudest in Punjab and Haryana, where the MSP mechanism is robust, benefiting wheat growing farmers. However, government data shows that Madhya Pradesh farmers have steadily taken over wheat growers in Punjab and Haryana to reap benefits of MSP in the last five years. Data from rabi marketing seasons (RMS) 2016-17 to 2020-21 shows that 47,58,350 farmers from...
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