-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...
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Give highest priority to rural job guarantee scheme in Budget, eminent citizens tell Jaitley
-The Hindu Business Line New Delhi: Ahead of the Budget, eminent citizens across the country have written an open letter to Finance Minister Arun Jaitley requesting him to accord “highest priority” to the rural job guarantee scheme, MGNREGA, and allocate additional ₹5,000 crore to the Ministry of Rural Development. “Subsequent Budget estimations and allocations to the programme must be brought in line with inflation; be measured and maintained as a percentage of...
More »The strong case for a policy on paternity leave in India -Shalini Nair
-The Indian Express The Labour Ministry’s four-year-old report acknowledged that for women, decent maternity leave alone “results in mounting a very huge pressure of family, childcare responsibilities as well as demands of workplace”. The Labour Ministry, on the recommendation of the Ministry of Women and Child Development, will amend the Maternity Benefit Act, 1961, to increase maternity leave in the private sector from 12 weeks to 26. This is being done...
More »SC calls for space on Metro for rich -R Balaji
-The Telegraph New Delhi: The "Mercedes" class left squirming by Delhi's odd-even car rationing today received sympathy from the Supreme Court, which suggested that Metro trains earmark premium seats where the affluent can sit "dignified" at a price. "Mr Kumar, car owners who are coming (to the Delhi Metro), they must get some space to sit," Chief Justice T.S. Thakur told solicitor-general Ranjit Kumar, appearing for the Centre in a case filed...
More »Govt mulls universal health insurance -Dilasha Seth
-Business Standard The government is holding talks with states providing cashless health insurance, such as Karnataka, Tamil Nadu and Gujarat After providing life cover and accident cover, the government is now working on a universal health insurance plan. To begin with, it will provide a seamless solution to the existing cashless health schemes in states by integrating those with the Centre's direct benefits transfer (DBT) platform. Later, these would be scaled up. "Encouraged...
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