The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
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All-Party Meet to Discuss RTI Act, SC Order on MPs, MLAs
-Outlook New Delhi: With political parties agitated over plans to bring them under the ambit of RTI Act and the recent Supreme Court judgement on disqualification of lawmakers, government has called an all-party meeting tomorrow to firm up a view on the contentious issues. The meeting convened by Parliamentary Affairs Minister Kamal Nath is also to facilitate early passage of the Food Security Bill. The Bill is currently under consideration of the Lok...
More »High stakes, mega bucks fuel illegal ‘dig-load-sell’ sand business -Surojit Gupta
-The Times of India NEW DELHI: Humble sand is today big business. The boom in the construction industry in the last decade has triggered a huge demand for sand, to meet which contractors, with the help of pliant state officials, have begun a dig-load-sell exercise at a frantic pace. The story of illegal loot of sand in this high-stake business is repeated in state after state. TOI spoke to several officials, activists,...
More »Bid to amend RP Act to set aside SC ruling on tainted elected netas -Rajeev Deshpande
-The Times of India NEW DELHI: The government will amend the Representation of the People Act (RPA) to set aside the Supreme Court's ruling on disqualifying legislators immediately on conviction for an offence attracting a jail term of more than two years. The government feels changing the law through a constitutional amendment is preferable to seeking a review in the apex court as the prospects of the latter course of action are...
More »No proposal to regularise contract workers: Govt
-PTI NEW DELHI: Despite the demand from the trade unions, the government today said there is no proposal to regularise contract workers. "There is no provision of regularisation under the Contract Labour (Regulations and Abolitions) Act 1970 and therefore, there is no proposal to regularise the contract workers," Minister of State for Labour and Employment K Suresh told the Rajya Sabha in a written reply. He said there are an estimated 18.44 lakh...
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