-PTI The Khadi and Village Industries Commission (KVIC) has sent a legal notice to Fabindia, a chain of ethnic wear retail outlets, demanding a whopping Rs 525 crore in damages for 'illegally' using its trademark 'charkha' and selling apparels with the 'khadi' tag. The KVIC, according to the legal notice, has also threatened to launch legal proceedings against Fabindia Overseas Pvt. Ltd. if it does not desist from displaying the trademark...
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Labour reforms: Maharashtra plans to tweak proposal to ease factory closure norms -Vishwas Waghmode
-The Indian Express Will include clause to protect rights of labourers during closure of factories, says labour minister Mumbai: Three months after it proposed to ease norms for closure of factories, the Maharashtra government is now planning to revise its proposal to make it easier for factory owners with less than 150 employees to close down, instead of the 300 employees as proposed earlier. The government said it would also include a...
More »A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh
-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...
More »Diesel price at all-time high as crude oil surges in international markets -Gireesh Chandra Prasad
-Livemint.com Diesel price touched Rs.61.74 a litre in Delhi, while petrol hit Rs.71.18 a litre, the highest since 1 August 2014 New Delhi: Diesel price rose to an all-time high on Monday as crude oil price continued to advance in global markets, impacting India’s oil import bill and inflation. Diesel price touched Rs61.74 a litre in Delhi, while petrol hit Rs71.18 a litre, the highest since 1 August 2014, according to information provided...
More »Niti Aayog and Union HRD ministry compete over state education roadmaps -Shreya Roy Chowdhury
-Scroll.in Both want states to take their advice in restructuring their primary schools. Government think-tank Niti Aayog’s collaboration with three state education departments appears to have set off friction with the Union Ministry of Human Resource Development. An official of the Niti Aayog, who did not want to be identified, said the ministry has objected to the think-tank’s programme called Sustainable Action for Transforming Human Capital, or SATH. Under the programme,...
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