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As customs duty exemption goes, 76 life-saving drugs to get costlier -Vidya Krishnan

-The Hindu Haemophilia patients dependent on U.S. drug likely to be worst-hit. In a move that could inflate the cost of essential life-saving imported drugs, the Finance Ministry has withdrawn exemption of 76 medicines from customs duties. The list includes 10 HIV drugs and at least four cancer drugs, but haemophilia patients are likely to be the most affected by the decision. Haemophilia is a genetic disorder in which the patient tends to...

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Rajasthan sets minimum wages for domestic help

-The Times of India JAIPUR: Enforcing labour reforms in the unorganised sector, the Rajasthan government has fixed minimum wages for domestic help and set limits to their working hours. According to a recent Notification by the state's labour department, the rate for an entire day's (defined as eight hours) chores - including cooking, washing, baby sitting and other work - has been fixed at a minimum of Rs 5,642 per month. The...

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Labour Ministry to trim cos' EPFO coverage threshold to 10 workers

-PTI At present, it is mandatory for firms with 20 or more workers to subscribe to social security schemes New Delhi: In a bid to provide social security to additional 50 lakh workers under retirement fund body EPFO, the Labour Ministry has decided to halve the threshold for coverage of firms to 10 workers through an executive order. At present, it is mandatory under the Employees' Provident Fund and Miscellaneous Provisions Act for...

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Chew on this: rice fortified with iron -Ananya Sengupta

-The Telegraph New Delhi: The Narendra Modi government wants to fortify not just mid-day meals in school for children, but many other staples that Indians eat. The government, after proposing to supply fortified ready-to-eat packaged meals for children in anganwadi centres, is now mulling a plan for mass fortification of several staple food items on the lines of iodine-fortified salt. Prime Minister Modi last week heard a presentation from secretaries of the ministries...

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RBI asks banks to extend loans to women SHGs at 7% rate

-PTI   Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...

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