-The Economic Times Nearly 6 crore formal sector employees could look forward to retiring with a minimum pension of Rs 1,000 a month, in addition to their provident fund savings, if the finance ministry green signals a labour ministry proposal to increase the pension of PF subscribers. At present, most provident fund subscribers receive less than Rs 500 a month as pension after decades of service, with some getting as low as...
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New land acquisition bill not in favour of farmers: Medha Patkar-Prakhar Jain
-Tehelka Activists say that the agricultural land should not be acquired for non-agricultural purposes A group of activists on Tuesday 7 August raised concerns about the land acquisition bill in its new form. The activists have demanded a white paper stating the extent of land acquired by the government. The new bill, called the Right to Fair Compensation, Resettlement and Rehabilitation and Transparency in Land Acquisition Bill, is at odds with the recommendations...
More »Unemployment dole on the way out in State?-KPM Basheer
-The Hindu Unemployment dole, introduced in Kerala in 1982, the first State to do so, could soon be a thing of past if Labour Minister Shibu Baby John has his way. “We need to rethink on the unemployment dole as it does not serve any purpose now,” Mr. John toldThe Hindu . The government spends Rs.50 crore a year on the unemployment assistance scheme and there are roughly 3.5 lakh people getting...
More »Red flag in front of FDI in pharma too-Pranab Dhal Samanta
-The Indian Express At a time when the government is struggling to get past objections from its coalition partners to attract investment in certain sectors such as retail, aviation and pensions fund management, a grim internecine ministerial battle has applied the brakes on foreign direct investment flow into one of the more attractive and lucrative sectors — pharmaceuticals. Clearances for over Rs 1,000 crore FDI in this sector, the second largest in...
More »Judicial probe into riots
-The Telegraph Guwahati/ Kokrajhar/ Dhubri: Chief minister Tarun Gogoi today announced a judicial inquiry into the riots that began in Kokrajhar on July 20, leaving 77 dead and over four lakh displaced. The judicial probe will be over and above the inquiry to be conducted by the CBI, which has taken over seven cases on their own, Gogoi added. He, however, did not announce details of who will conduct the probe or its...
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