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NAC wants unorganised workers’ Act to be more inclusive

-Express News Service   The Sonia Gandhi-chaired National Advisory Council (NAC) on Tuesday asked a working group under it to work out implementation mechanisms and financial implications of a comprehensive social security package to make the Unorganised Workers’ Social Security Act, 2008 more inclusive. The direction came during a meeting where a working group on ‘Social Security for Unorganized Workers’ presented its draft suggestions for a “comprehensive social security package, that includes Health...

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Grim predictions by G Srinivasan

India ranks a dismal 134 among 187 countries in terms of human development index in the UNDP's latest Human Development Report. Against this bleak backdrop, the bugle of caution is rightly sounded by the United Nations Development Programme (UNDP) in its latest Human Development Report (HDR), released in Copenhagen on November 2 jointly by Danish Prime Minister Helle Thorning-Schmidt and UNDP Administrator Helen Clark. As the international community is busy preparing...

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The private sector's turn to deliver by Sukhadeo Thorat

The government's decision to set aside a 20 per cent quota for SC/ST vendors in its purchases, if accepted by every sector on a wider scale, has the potential to makegrowth pro-poor and inclusive. The Central government has finally announced a policy reserving 20 per cent of its purchases for micro and small enterprises run by entrepreneurs belonging to the Scheduled Castes and the Scheduled Tribes. The new procurement policy will...

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Plan commission pushes for Dalit empowerment by Prasad Nichenametla

As the Congress scion Rahul Gandhi campaigns in Mayawati' s bastion asking UP's downtrodden to think big, a planning commission panel has shown the UPA government how to walk the talk. A working group on welfare of the Schedule Castes (SCs) has asked the government to set up a National Bank for Inclusive Development to support businessmen from the backward sections. The move is to encourage Dalits and other weaker sections with...

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FDI in retail: Opening up retail will help India's growth, curb inflation, says RBI governor Subbarao

-Reuters   India's growth story is still "credible" and the move to open up the economy to global supermarket chains will help growth and control inflation, RBI governor Duvvuri Subbarao said on Friday. "It's commendable that government has taken the initiative. Let's hope that it will improve the logistics chain and supply chain management in agriculture," Subbarao said in a speech in Chandigarh. Late Thursday, the government approved 51 percent foreign direct investment in...

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