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Appointment letters to be made mandatory soon -Somesh Jha

-The Hindu Centre may fix a format which would include details such as designation. The Centre will soon make it mandatory for companies with more than ten workers to give appointment letters to employees at the time of joining — a move that would benefit millions of workers in the informal sector. An absence of legislation on the issue makes it difficult for workers, including those who are employed informally or via contractors...

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Cabinet clears Rs 6,000 crore package for textiles, apparel

-PTI The government approved on Wednesday a Rs 6,000-crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attracting investments of $11 billion and generating $30 billion in exports. The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing. “Over the last few years, apparel...

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Happy ending and twist in growth story

-The Telegraph New Delhi: Official statistics suggest the juggernaut of India's economy has started to roll at a clattering pace. But some analysts stayed cautious, keeping in mind the low investment levels. The Central Statistical Organisation (CSO) today said the gross domestic product (GDP) - the broadest measure of the economy - had grown at a robust 7.9 per cent in the fourth quarter (January-March 2016), which enabled the government to fulfil...

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Mid-day meal and housing schemes might get a facelift -Mayank Mishra

-Business Standard A recent report suggests different ways to eliminate poverty and argues that accelerated growth is the most suitable medicine to reduce incidence of poverty Adding some and modifying some others is how the National Democratic Alliance (NDA) government is planning to go about its welfare programmes in the coming days. While the Mid-Day Meal Scheme (MDMS) is likely to be extended to some private schools, the Mahatma Gandhi National Rural...

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India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot

-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...

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