The Mamata Banerjee government is planning to take politics — or at least political symbols — out of panchayats, the foundation on which the Left built the edifice that remained impregnable for 34 years. “We would like to have non-political rural bodies as it would uproot petty politics that often halts development projects in rural areas. If things go as planned, the required amendments in the act would come into force...
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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...
More »BJP, Left oppose FDI in retail; UPA also divided
-CNN-IBN As the Cabinet meets to decide on allowing Foreign Direct Investment (FDI) in the multi-brand retail, it remains to be seen whether the Prime Minister will bite the bullet. The Bharatiya Janata Party (BJP), the Left, UPA ally Trinamool Congress along with some Cabinet ministers Veerappa Moily and Mukul Wasnik have opposed it. While the BJP feels that FDI will lead to unemployment, the Left has said that it may lead...
More »Revised draft of food Bill gives primacy to cash transfers, coupons by Gargi Parsai
Social activists up in arms against proposed reforms; impact on procurement feared The Union Government's new move to give primacy in the revised draft of the National Food Security Bill, 2011, to controversial schemes like cash transfers and issuance of food coupons to identified public distribution system beneficiaries in lieu of foodgrain entitlements has got social activists up in arms. The scheme was introduced under ‘Schedule II' in the initial draft of...
More »Nod for 26% FDI in pension funds by Remya Nair
The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...
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