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Shankar Aggarwal, Union Labour Secretary, speaks to Somesh Jha

-Business Standard The Centre proposed a slew of measures for workers ahead of Labour Day. Suggesting flexibility for employers in hiring and firing labour, it also proposed provisions for a better compensation package. Union Labour Secretary Shankar Aggarwal tells Somesh Jha both workers and employers should be ready for a change demanded by the new dynamism of the economy. Edited excerpts: * How important is rationalisation of trade unions? Unions are formed so...

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Can’t blame UPA Land Acquisition Bill for stalled projects: RTI

-The Economic Times NEW DELHI: The land acquisition law passed by the previous government may not be the villain of the piece when it comes to stalled projects, according to data generated by a Right to Information (RTI) query. The Modi government's determination to amend the land acquisition law in the teeth of resistance from farmers and political parties has stemmed from the legislation's apparent role in just this — bringing projects...

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Is India’s labour market moving towards a May Day situation? -Roshan Kishore

-Livemint.com While economists disagree on the extent of rigidity in India’s labour regime, there is a broad consensus on the need to simplify labour laws After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws—the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...

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A bleak Labour Day for unions as govt makes it harder to form one -Somesh Jha

-Business Standard According to a proposal by the Union labour ministry, 10 per cent of the employees or 100 workers will be needed at least to form a trade union Barely a week after trade unions across the country celebrate the Labour Day, the National Democratic Alliance government will meet workers' and industry representatives on May 6 to discuss proposals to make forming unions tougher and union activities more rule-bound. The proposals to...

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Pronab Sen, Chairman of National Statistical Commission (NSC), interviewed by Indivjal Dhasmana on the new gross domestic product (GDP) data series

-Business Standard As critics find fault in the new gross domestic product (GDP) data, National Statistical Commission (NSC) Chairman Pronab Sen, heading a committee to review the methodology of the new series, tells Indivjal Dhasmana much of the criticism is due to the lack of information about the methodology and sourcing of the new data. Edited excerpts:   NSC has appointed a committee under you to review the new GDP data. Has it...

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