-The Indian Express Concealing the identity of donors in electoral bonds goes against a fundamental tenet of democracy — transparency Electoral bonds are attracting attention in the run-up to the general elections. These bonds were conceived in 2017 and the necessary legislative changes were made in the Finance Bill of 2017. For example, Section 31 of the Reserve Bank of India Act, 1924, was amended and a new Clause (3) was...
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Prices of essential medicines, stents to go up by over 4% -Rupali Mukherjee
-The Times of India MUMBAI: Prices of essential medicines, including painkillers, anti-infectives, supplements and antibiotics, will go up by over 4%, after the government gave its nod to the increase, in line with the annual Wholesale Price Index (WPI). Hike in prices of cardiac stents have also been allowed on the basis of WPI at 4.26% for calendar year 2018. The revision in prices of both stents and medicines will come...
More »Supreme Court clears path for pension to rise manifold for employees in all firms -Prabhakar Sinha
-The Times of India NEW DELHI: The Supreme Court on Monday paved the way for higher pension to all private sector employees by dismissing a special leave petition filed by Employees Provident Fund Organisation (EPFO) against a Kerala high court judgment. The HC had asked EPFO to give pension to all retiring employees on the basis of their full salary, rather than capping the figure on which contribution is calculated at a...
More »The arrogance of the ignorant -Abhinav Gupta & Aseem Shrivastava
-The Hindu It is tragic that ‘New India’ chooses to attack Adivasis and forest-dwellers instead of those destroying its ecology When the tsunami hit the Andaman and Nicobar Islands in 2004, thousands perished. However, some of the oldest Adivasi tribes, the Jarawas and the Onges, lost nobody. These communities followed animals to the highlands well before the waves hit. Formal education was of little survival value in a context where you needed...
More »MGNREGA wages fall below minimum wage in 34 states, Union Territories -Shalini Nair
-The Indian Express Data shows that this is the maximum recorded divergence between the Centre-notified MGNREGA wages and the state-notified minimum wages since 2009, when both were brought on a par for the first time. New Delhi: FOLLOWING THE lowest increase since its inception, wages being paid under the Mahatma Gandhi National Rural Employment Scheme (MGNREGA) have fallen below the minimum wage in 34 of the 35 states and union territories. Data...
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