The Manipur Cabinet has decided to recommend to the Union government extension of the Disturbed Areas Act and the Armed Forces (Special Powers) Act, 1958 in the State for a year with effect from December 1. N. Biren, government spokesperson and Minister of Youth Affairs and Sports, announced this on Friday night. He said the decision was taken in view of the alarming law and order situation. Many sections have been demanding...
More »SEARCH RESULT
Total Matching Records found : 3172
India Microcredit Faces Collapse From Defaults by Lydia Polgreen and Vikas Bajaj
India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...
More »It's up to Manmohan to decide on MNREGS wage hike: Joshi
Union Rural Development Minister C.P. Joshi on Friday maintained that the Centre was set to increase the wage rate paid under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), but it was for Prime Minister Manmohan Singh to address the issues raised by UPA chairperson Sonia Gandhi. Dr. Joshi said it was not for him to react to the recommendation made to Dr. Singh by Ms. Gandhi — in her...
More »Job scheme-minimum wage link opposed by Ruhi Tewari
The rural development ministry has expressed its reservations on linking wages paid under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with minimum wages mandated by states for farm labour. In an internal note, which was reviewed by Mint, the ministry said such a step could lead to the states upwardly revising minimum wages for farm labour, an increased burden that the Central government then would have to bear. The ministry,...
More »Little on the plate by Milind Murugkar
Food and agriculture minister Sharad Pawar is being praised in some quarters for daring to take a politically incorrect position. In a sharp disagreement with the Sonia Gandhi-led National Advisory Council's (NAC) proposal to supply subsidised food to 75% of the population, Pawar has pointed out two flaws in the proposal: first, that it is unaffordable and second that it is near impossible to procure and store the required food...
More »
