-Business Standard Farmers are not getting enough protection as states mostly do not pay the premium they should With the rains falling in abundance and tomatoes refusing to do so, agriculture Economy experts have a lot to say on what both mean for the sector. Both pose a risk to farmers — of floods and of lack of pricing power. Yet the farmers don't have much to fend those off since agricultural insurance...
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Pan-India wage plan
-The Telegraph New Delhi: The Union cabinet today cleared a plan to introduce a pan-India minimum wage that will cover all sectors of the Economy. The Labour Code on Wages Bill seeks to empower the Centre to fix a universal minimum wage for workers across the country. The new law is expected to benefit over 4 crore employees across the country. The Code will consolidate four different wage-related laws: the Minimum Wages Act,...
More »Tomato prices soar to Rs. 100/kg in Delhi-NCR on short supply
-PTI New Delhi: Tomato prices have risen to around Rs. 100 per kg in the national capital market as supplies from major producing states have been disrupted because of heavy rains. Mother Dairy is selling tomatoes at Rs. 96 per kg here through its 300 retail stores ‘Safal’, while online grocery platforms like Big Basket and Grofers are offering this key vegetable at nearly Rs. 100 per kg. Local vendors are selling tomatoes...
More »At employment exchanges, rise in applications but less than 1% get jobs -Sunny Verma & Sandeep Singh
-The Indian Express While Gujarat comes on top in terms of providing placement through exchanges, it isn’t the top state when it comes to the number of job-seekers. That’s Tamil Nadu with more than 80 lakh registrations with employment exchanges in first nine months of 2015, as against Gujarat which had only 6.88 lakh registrations. With the exception of Gujarat, where employment exchanges have consistently clocked an over 30 per cent...
More »What crop insurance? India's farmers have no clue about the covers Centre doles out for them
-The Economic Times Despite the government talking so much about the Pradhan Mantri Fasal Bima Yojana benefiting India's farmers, most of them have not even heard of any crop insurance scheme by the Centre. About 67% of the 6,000 farmers surveyed by the Comptroller and Auditor General of India (CAG) had absolutely no idea about government-run crop insurance schemes. CAG's report dealt with crop insurance schemes from 2011 to 2015, including Prime Minister...
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