-The Hindu Business Line Cases of prosecutions over wages, contract workers, child labour are down Among key initiatives of the Narendra Modi government has been the fast-tracking of labour law reforms to put an end to ‘inspector raj' and improving the country's rank in the World Bank's ease of ‘doing business' index. However, when it comes to checking labour law violations, the number of inspections in the Central sphere, which includes banks, railways,...
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Why Jharkhand Has Not Paid NREGA Wages in Months -Alok Pandey and Haribansh Sharma
-NDTV Ranchi: Launched in 2005 by the UPA government, the Mahatma Gandhi Rural Employment Guarantee Act was intended to help the poor by promising 100 days of work a year to rural households at a pre-determined Minimum Wage rate. In the last decade, there has been mixed opinion on the success of the initiative. But in the last few months, the central government has said it has plans to modify...
More »Creating 'Good Jobs': Assessing the Labour Market Regulation Debate -Radhika Kapoor
-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...
More »Moderate inflation is a passing phase: Economists -Ishan Bakshi
-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...
More »Sharpest-ever fund cut for rural job scheme -Namrata Acharya
-Business Standard Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year Kolkata: The Union government has severely cut the funds for Mahatma Gandhi National Rural Employment Guarantee Act, one of the largest job-creation programmes in the world, even as it deliberates on framing new norms for it. Compared to last financial year, there has been nearly a 45...
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