-The Economic Times NEW DELHI: As many as nine central government departments, including the railways and the ministries of Finance, commerce and petroleum, could be in the dock for flouting employment laws governing contract workers. The Central Labour Commissioner has sought compliance reports for contract workers deployed in several ministries, including the commissioner's own office in the labour ministry, which uses the services of 20 contract employees via a private software firm. The...

-The Economic Times KOLKATA: In the wake of the just-enacted National Food Security Act, the Union Minister for Food and Public Distribution, Prof KV Thomas recently reviewed the operations of Food Corporation of India (FCI), especially from the point of view of its preparedness for implementing the law. Expressing satisfaction after the review, Prof. Thomas said the FCI had been undertaking various steps in the last one year towards increasing the storage...

-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...

-PTI NEW DELHI: FCI, the nodal agency for procurement and distribution of foodgrains, has sufficient stock to ensure smooth implementation of the landmark food security law, Food Minister K V Thomas said today. After a review of Food Corporation of India, he expressed satisfaction that it has been taking steps to modernise the public distribution system and said that it has sufficient stock to meet the requirement under the new food law,...

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...