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Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

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WHO clearance will boost Indian vaccine exports -Aarti Dhar

-The Hindu In a major boost to the country’s private vaccine manufacturing pharmaceutical companies, the World Health Organisation (WHO) has said that India’s national regulatory authority — Central Drugs Standard Control Organisation (CDSCO) — and its affiliated institutions meet the prescribed international standards. India is a major vaccine producer with 12 major vaccine manufacturing facilities. These vaccines are used for the national and international market, reaching nearly 150 countries. Every second child...

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All to the sweat shop-Bhavdeep Kang

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

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Where the mind should have no fear-Brinda Karat

-The Hindu The listing of the Protection of Women Against Sexual Harassment at Workplace Bill for discussion and adoption in the current session of Parliament is a welcome step. It is also welcome that the government has reversed its earlier unjustifiable position of keeping domestic workers outside the purview of the proposed legislation. Amendments moved on August 7 now include these sections of working women in a sector which has seen...

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Almost 21 million people worldwide are victims of forced labour, UN finds

-The United Nations Almost 21 million people worldwide are trapped in jobs into which they were coerced or deceived and which they cannot leave, according to new estimates released today by the United Nations labour agency. Released by the International Labour Organization (ILO), the 2012 Global Estimate of Forced Labour found that the Asia-Pacific region accounts for the largest number of the 20.9 million forced labourers in the world – 11.7 million,...

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