-The Times of India The government is moving swiftly to build a consensus over the move to allow foreign investment in the multi-brand retail sector with the commerce, industry and textiles minister Anand Sharma writing to three key state chief ministers of Uttar Pradesh, Punjab and Odisha to seek their support. Sharma has been trying to build a consensus and has met several chief ministers to draw their support to the move....
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World Bank urges India to make PF must for formal staff-Vikas Dhoot
-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...
More »Census rewriting SC, ST narrative-Anil Padmanabhan & Remya Nair
-Live Mint Latest houselisting data demonstrates a visible growth in the material well-being of the two groups Indians, all of them, across class and caste, traded up over the past decade, a period of rapid and record economic growth—that’s the counter-intuitive message in the latest update to Census 2011. According to the so-called houselisting data released by the census, scheduled castes (SCs) and scheduled tribes (STs) have, like the rest of the country,...
More »Social protection for food security by MS Swaminathan
Social protection has seen a sharp focus in the development policy agenda during the past decade. There is also a clear trend for making social protection, as well as food security, “rights-based”, rather than “discretionary”. Yet, no clear consensus has so far emerged concerning many basic design choices and implementation modalities. The Food Security Act 2011, which is now under the consideration of our parliament, is designed to achieve the...
More »Farm test but no industry to blame-Pranesh Sarkar
Bengal is staring at the possibility of losing self-sufficiency in rice unless the state manages to reverse a declining trend and step up production by as much as 12 per cent over the next four years. Lack of self-sufficiency in grain production need not necessarily be an alarming factor for a modern economy. But such a status is looming over Bengal in spite of factories not mushrooming on farmland — the...
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