-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing Finance ministry...

RIO DE JANEIRO: Making a strong pitch for removing poverty in India and reminding the developed world of its commitment to sustainable development, Prime Minister Manmohan Singh on Thursday called for setting up a global system that allows each country to develop according to its own priorities. "For developing countries, inclusive growth and a rapid increase in per capita income levels are development imperatives," the Prime Minister said in his...

-The Hindu Developed countries pledge no funds; EU feels it was a waste of time Union Minister for Environment and Forests Jayanti Natarajan smiles when she says India’s known stand on climate change mitigation has been accepted. But the smile is replaced by a frown when someone asks if the developed countries have pledged any money to help the developing countries. No, she says, adding valiantly that India does not want to commodify...

-PTI India on Thursday said it is disappointed with the “weak” political will in developed countries to provide developing nations enhanced means of implementation of objectives of Green Economy, which will also be a “green-wash” if the process is not democratised. As around 100 world leaders including Prime Minister Manmohan Singh gathered in Rio de Janeiro for the Rio+20 Summit, India also firmly rejected unilateral measures and trade barriers under the guise...

-The Hindu Differences galore over the commitments made at the Earth Summit As the leaders met in a mountain-girdled Brazilian town for the crucial official round of discussions on the Rio+20 text, what was most noticeably missing was the kind of excitement that was witnessed two decades ago, when more than 172 governments, as many as 108 of them sending their heads of state, participated for the first-of-its-kind global awakening event. The...