-PTI Contract labourers working in factories of component suppliers to Maruti Suzuki could bear the brunt of the lockout at the Manesar plant of India's largest carmaker. Working on wafer thin margins amid stiff competition, many of the component suppliers which have been already feeling the heat due to an overall slowdown in the automotive market, are considering to reduce their workforce. "If there is prolonged lockout at Maruti's Manesar plant, there is no...

-The Business Standard Financial inclusion in Madhya Pradesh helps the Centre's cash transfer projects It may not take a century for villages in India to get banks, and villagers to own accounts. Madhya Pradesh is paving the way for financial inclusion. The state is suddenly full of excitement about what it considers is a feat. Its rural development department has hired publicity agents to spread the word that every villager in the...

-The Indian Express From Nariman Point to Tirupur, from broking firms to ancillary industries — as a two-part series in this newspaper has illustrated — the economy is seeing a steady contraction in employment opportunities. The economic and social cost is sobering but the UPA should also worry about the political implications. Lakhs of jobs are being lost when India is heading for a general election that could be decided primarily...

-The Economic Times The labour ministry has set up a panel to look into discrepancies into its second annual employment and unemployment survey, which may have resulted in wide variation in performance of different states. "The committee will look at all aspects of the survey, including the methodology and the original field level data used. It will also look out for processing errors," a labour ministry official told ET. The findings of the...

-The Economic Times KOLKATA: With over 43,000 jobs generated in the small and medium enterprises (SMEs) sector between April 2011 and up to February 15, 2012, West Bengal has emerged as a front-runner state to facilitate growth in the SMEs sector, apex industry body Assocham said on Tuesday. Utilizing the margin subsidy money worth Rs 52.49 crore, the state of West Bengal assisted about 5,290 SME units across the state, according to...