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India faces rising labour force, inequality-Prashant K Nanda

Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural income disparity, and concern that it may increase as more young people enter the job market. While India’s unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...

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NRHM scam: Kushwaha alleges torture in CBI custody

-The Indian Express Former Uttar Pradesh minister Babu Singh Kushwaha has alleged that he was "tortured" in CBI custody during interrogations. "CBI tortured us during interrogations for ten days," said the sacked BSP minister, while he along with another accused, former BSP MLA Ram Pratap Jaiswal, were being taken to Dasna prison on Tuesday. While talking to media at the entry gate of the prison, Kushwaha said that both of them gave full...

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Rabi wheat procurement on support price from Mar 15

-The Pioneer The mega exercise of wheat procurement from farmers on support price will get underway from March 15 in Madhya Pradesh. Till May 20, about 65 lakh metric tonne of wheat will be purchased from farmers in 67 days at the rate of about one lakh metric tonne per day. Under the scheme, e-procurement system has been adopted for the first time in the State in order to prevent any irregularity...

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Gotcha! Three sins of loan recovery

-The Telegraph Bengal’s co-operation department spent the better part of Tuesday on an unusual mission: how to enforce Mamata Banerjee’s very chief ministerial order to nail those who tried to recover money lent by a co-operative bank. “I have asked to lodge an FIR,” Mamata had declared yesterday while ordering the withdrawal of attachment notices on two farmers and announcing that the law will be changed to make government approval mandatory before...

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Government may be forced to keep its reform bills in cold storage

-The Economic Times The government may be forced to trim its legislative agenda - including pushing through long-pending bills on pensions, insurance and banking - following Congress' debacle in Uttar Pradesh and Punjab assembly elections.  Pension, insurance and banking sector reforms are part of the legislative agenda of the UPA government but BJP leaders told finance minister Pranab Mukherjee at an outreach session that the government should first set its House in...

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