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FDI in pension: Central govt employees to go on token strike

-The Financial Express A Central employees' union will go on a token strike tomorrow to protest against the Pension Bill and the Centre's decision to allow FDI in pension. The Confederation of Central Employees and Workers said employees throughout the country were agitated over the government's fresh move to introduce the PFRDA Bill in this ongoing Parliament session. "It is surprising that even after findings of the Committee set up by the government...

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States fail to spend Rs 30,000 crore allocated for rural schemes

-The Times of India Even as the government promised to dole out Rs. 99,000 crore for such schemes in the current fiscal, the states have failed to utilize nearly Rs 30,000 crore meant for various flagship programmes like Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). "In 2012-13, about Rs 99,000 crore are being given to the states for rural development programmes. The responsibility for spending money on these programmes is entirely...

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No need for hype but certainly a hope-Jairam Ramesh and Varad Pande

-The Hindu The Direct Benefits Transfer Initiative is the real tool against corruption that will ensure that the welfare state doesn’t degenerate into a farewell state We are grateful to Narendar Pani (Editorial page, “Cashing in on schemes for poor,” November 29, 2012) and Bharat Bhatti and Madhulika Khanna (Editorial page, “Neither effective nor equitable,” December 4, 2012) for starting a useful debate on the United Progressive Alliance government’s Direct Benefits Transfer...

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Weft and warp of a crisis-Vivek S & Aseem Shrivastava

-The Hindu Though more people in India are in the textile sector, than in any other of the economy, bar agriculture, hostile and indifferent government policies are giving it short shrift Handloom weavers from all over the country are on a 72-hour hunger strike at Jantar Mantar in New Delhi from today in protest against the government’s textile policy. The protest is led by Rastra Cheneta Jana Samakhya, the State Handloom Weavers’...

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Indian real wages fell in 2008-11: ILO report-PR Sanjai, Remya Nair and Anuja

-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally  India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...

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