-Hindustan Times The OSH Code is the second major labour reform approved by the government. It cleared the Wage Code last week that contained “provisions of minimum wages and payment of wages to cover employees in both the organised and unorganised sectors. The Union Cabinet on Wednesday approved the Occupational, Safety, Health and Working Conditions Code, also known as the OSH Code, that seeks to merge 13 central labour laws into a...
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A hand-to-mouth Budget -Puja Mehra
-The Hindu It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament. What are...
More »Creating a fair digital payments market -Padmashree Gehl Sampath
-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...
More »Ecological perils of discounting the future -Kalvakuntla Kavitha
-The Hindu With growing environmental distress, policymakers cannot shy away from adopting best eco-management practices In a report last year, the Comptroller and Auditor General of India (CAG) called the Chennai floods of 2015 a “man made disaster”, a pointer to how the encroachment of lakes and river floodplains has driven India’s sixth largest city to this ineluctable situation. The Chennai floods are a symbol of consistent human failings and poor urban...
More »Demands for Grants, Finance Bill may escape scrutiny of Parliamentary panels -Shishir Sinha
-The Hindu Business Line Almost half of the budgetary exercise is over, but Parliament is yet to see formation of department-related standing committees (DRSC). This means Demands for Grants and the Finance Bill will not be vetted by DRSCs as of now. The Lok Sabha is scheduled to take up the Finance Bill for consideration and passage during the week starting July 15. There will also be discussions and voting on Demands...
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