It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...
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Jharkhand: Economic Growth for Whom? by Girish Mishra
As far as natural resources like minerals, land and water are concerned, Jharkhand is among the richest States of India. Yet, its people are among the poorest. Mind you, almost 30 per cent of them are tribal. Out of the total population of 288.46 lakhs, 223.1 lakhs live in rural areas and only 65.36 lakhs are urban dwellers. Even a cursory glance is sufficient to convince that most of the...
More »Nod for Bill to give higher compensation for workers in case of injury or death by Gargi Parsai
Funeral aid is proposed to be raised from Rs. 2,500 to Rs. 5,000 In case of death, compensation to go up from Rs. 80,000 to Rs. 1.2 lakh The Rajya Sabha on Tuesday unanimously approved, by voice vote, the Workmen’s Compensation (Amendment) Bill, 2009, that seeks to give higher compensation to workers and their families in the event of injury or death. It empowers the Centre to enhance the compensation and funeral...
More »The winter of our austerity by P Sainath
Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena. Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...
More »Rural distress
KEY TRENDS • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...
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