-The Telegraph Shortage of funds that was being cited was a gross violation of the law: Swaraj Abhiyan The Supreme Court on Tuesday agreed to examine an NGO’s plea that crores of workers were in a crisis as funds-starved states had run up wage dues of Rs 9,682 crore under the Centre’s flagship 100-day job scheme MGNREGA that has witnessed an increase in beneficiaries because of the pandemic. A bench of Chief Justice...
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Wholesale inflation surges to 30-year-high at 14.23 per cent
-The Telegraph The November figures stand out vis-a-vis a modest 2.29 per cent in the same month last year Wholesale inflation spiked to a 30-year high at 14.23 per cent in November — a level that hasn’t been seen since India embraced economic liberalisation in 1991. The surge was led by a vault in the prices of food, fuel and power, basic metals and chemical products. Inflation based on the wholesale price index (WPI)...
More »Sticky to the core
-The Hindu Business Line Besides global factors, structural inflation, which is sticky, might be setting in. The RBI should be ready November readings for wholesale and consumer price index, the first at a three decade high and the second at a more modest three-month high, are a cause for concern. They raise questions over whether the Monetary Policy Committee’s projections for retail inflation will hold. A 14.2 per cent spike in WPI...
More »With No Central Policy, Indian Domestic Workers Left at Mercy of Varied State Laws: Global Report -Soumashree Sarkar
-TheWire.in The report by the CHRI urges India to ratify the Domestic Workers Convention or 'C189' as a step towards streamlining national protections for an enormous sector that is largely left to fend for itself. New Delhi: While domestic workers across the world have suffered in the COVID-19 pandemic, the astounding lack of overarching legal or policy provisions in India to safeguard their wellbeing has meant a dire downward spiral for men...
More »Black money: No estimate of amount stashed in foreign accounts for last 5 years, Centre tells RS
-Scroll.in The Centre said that 648 disclosures about foreign assets worth Rs 4,164 crore were made during a one-time compliance window in September 2015. There is no official estimate on the amount of black money stashed in foreign accounts for last five years, the Union government told the Rajya Sabha on Tuesday. Minister of State for Finance Pankaj Chaudhary made the statement in a written reply to a question by Samajwadi Party MPs...
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