-PTI NEW DELHI: The government is committed to labour reforms and simplification in the related laws to safeguard workers' interest, Labour and Employment Minister Santosh Kumar Gangwar said on Sunday. Listing a slew of steps to protect workers' interest, the minister said provisions have been made in the Employees' Compensation (Amendment) Act, 2017 to increase the penalty for its contravention from Rs 5,000 to Rs 50,000, which is extendable to Rs 1...
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CAG flags tax breaks for companies
-The Hindu Report tabled in Parliament says Reliance gained Rs. 5,245 crore from the exemption. The Comptroller and Auditor-General (CAG) has castigated the Income-Tax Department for extending tax exemption amounting to hundreds of crores to several companies by inappropriately extending benefits available for infrastructure projects. In a report tabled in Parliament on Tuesday, the CAG said the biggest beneficiary was Reliance Industries Ltd. (RIL). “We noticed in eight cases in two States that the...
More »How to be a model State again -Jayan Jose Thomas
-The Hindu Kerala today is not generating enough jobs to meet the expectations of educated Keralites entering the labour market. Changing this is vital and doable Kerala’s development model is in focus yet again as the newly elected Left Democratic Front government is in the process of evolving a vision for the State’s economy. On the one hand, Kerala has made spectacular achievements in land reforms, education, and health since its formation. Amartya...
More »Poultry sector cries foul as US chicken legs loom large -Gayathri G & KV Kurmanath
-The Hindu Business Line India has eased entry barriers after losing WTO case to the US Chennai/ Hyderabad: As dumping of chicken legs by the US becomes imminent after India lost the case at the World Trade Organisation (WTO), the Rs. 50,000-crore domestic poultry industry proposes to approach the Centre seeking protection of its interests. “There is no level playing field. We are planning to ask the government to either ban import of...
More »Govt to import 2 mt of urea to meet kharif demand
-PTI New Delhi: To meet the demand for fertiliser in the ongoing kharif season, the government has contracted 2 million tonnes of urea import for delivery by the month-end. India is dependent on urea imPorts as domestic output is lower than the demand. Overseas purchase is being done via three state trading enterprises — STC, MMTC and IPL. “Our urea requirement is 2.5 million tonnes for this kharif season. We have finalised imPorts...
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