-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...

-The Hindu Renowned trade union leader Dipankar Mukherjee (69), who passed away on Monday morning, was a brilliant parliamentarian with versatile capabilities. Elected to the Rajya Sabha in April 1994 from West Bengal as a Communist Party of India (Marxist) member, Mr. Mukherjee played an important role in intervening in all crucial economic and industrial policy-related issues during his 12-year-long parliamentary stint till 2006. Born in June 1943 in Kolkata, Mr. Mukherjee had...

-The Times of India It was meant to showcase the government's new-found resolve to push the reforms agenda in order to stanch the declining growth rate and to repulse the perception of governance freeze. Instead, it ended up publicizing yet again the government's vulnerability as well as its reluctance to speed up decision making at the cost of angering allies on the eve of presidential poll.  The UPA on Thursday withdrew its...

The decision to reform the IIT selection process from next year by introducing a weightage for candidates’ Class XII board marks appears headed for a court battle. Alumni association members from the IITs of Delhi, Kanpur and Kharagpur met here today and decided to move “various high courts” within a week against the IIT Council’s “unilateral” decision that overruled objections from several IIT senates. IIT teachers and senates have cited how the...

Institutions the bill proposes to set up are not adequately independent of the government The government is reported to be making efforts to seek a consensus amongst its allies and the opposition parties on the Lokpal Bill that is awaiting approval of the Rajya Sabha. People’s movements and some of the main opposition parties have objected to various provisions of the Lokpal and Lokayukta Bill, 2011, as passed in the winter...