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Nationwide strike by trade unions today, essential services likely to be hit -Saubhadra Chatterji

-Hindustan Times New Delhi: Government transport in Haryana, Karnataka and Telangana, industrial areas in the National Capital region, hotels in Himachal Pradesh and banks and insurance offices across India may not function on Friday as central trade unions will hit the streets for a general strike. Last year, the trade union’s strike saw an estimated 15 crore workers take the day off. “This year we expect the figures to be higher,” said...

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Full circle in Singur

-The Hindu The Supreme Court’s verdict on the Singur land acquisition issue is a re-statement of first principles relating to the limitations of ‘eminent domain’. By quashing the entire land acquisition process done by the erstwhile Left Front government in West Bengal, the court has reiterated that the term ‘public purpose’ cannot be arbitrarily invoked to acquire land and hand it over to a private party. One of the two judges...

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CCI slaps Rs 6700 crore fine on 10 cement companies

-The Times of India NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector. The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted...

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Minimum wage hiked to Rs. 350, but unions firm on strike plan

-The Hindu Bharatiya Mazdoor Sangh announces it will not take part in the strike. The Left affiliated central trade unions will go ahead with a nationwide strike on Friday, even as the Centre on Tuesday announced sops in a bid to placate them. The peace offering includes a hike in the minimum wage for unskilled non-agricultural workers in central public sector units from Rs. 246 to Rs. 350 a day and formation of...

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Centre working to provide farm loans in timely manner: Minister

-PTI New Delhi: The Centre is working to provide agriculture loans to farmers in a timely manner, Agriculture Minister Radha Mohan Singh said today. NABARD is creating groups of farmers and agriculture producers to provide them cheap loans from banks and till March-end, 2,424 producer groups were set up, he said. “The central government is working expeditiously to provide agriculture loans to farmers according to their needs and in a timely manner,” Singh...

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