-PTI Petrol price today hit ?74.40 a litre — the highest level under the BJP-led government, while diesel rates touched a record high of ?65.65, renewing calls for cut in excise duty to ease burden on consumers. State-owned oil firms, which have been since June last year revising auto fuel prices daily, on Sunday raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification. The...
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NREGA v minimum farm wages: How jobs Act is losing out to funds crunch -Shalini Nair
-The Indian Express After the Finance Ministry rejected the recommendations of two recent government panels, MGNREGA workers in 10 states will get no raises in 2018-19. Minimum farm wages are now higher in many states. The last time the union government brought MGNREGA wages at par with minimum agricultural wages was in 2009. Two years later, in 2011, only four states — Kerala, Goa, Haryana and Mizoram — had minimum agricultural wages...
More »Government attempts damage control as ATMs run dry -Sandeep Phukan
-The Hindu Jaitley blames ‘spurt in demand’; Congress recalls note ban Amidst reports of a cash crunch from different parts of the country, Union Finance Minister Arun Jaitley said the government was “tackling the issue quickly” to overcome a “temporary shortage” caused by a sudden spurt in demand. But with hash tags #cashcrunch and #ATM trending on Twitter all day, Opposition leaders launched a scathing attack on the government. Minister’s assurance Responding to the currency...
More »As Empty ATMs Reported, RBI Says Shortage Due To Logistical Reasons: 10 Points -Debjani Chatterjee
-NDTV (With inputs from agencies) As ATMs ran dry in several parts of the country, finance minister Arun Jaitley said the shortage is temporary and is being tackled quickly. New Delhi: In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage...
More »Delay in MGNREGA wage payment caused by non-processing of Fund Transfer Orders, say social activists
-Press Release by NREGA Sangharsh Morcha dated 11 April, 2018 Stagnant wage rates are not the only rude shock that workers of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) received this month. Most of the them also remain unpaid for the work done by them in the past few months. Ninety-nine per cent of the Fund Transfer Orders (FTOs) for MGNREGA wage payments sent to the Public Finance Management...
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