-Newsclick.in The latest discussion over the Codes, if true, clearly indicates a crucial shift in the position of the Central government. What does this shift mean for trade unions, which have given a call for two-day nationwide strike on February 23 and 24. New Delhi: On Wednesday, a major Indian business newspaper reported that the Union Ministry of Labour and Employment was considering introducing the four controversial Labour Codes in a staggered...
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‘Record’ FDI inflows, yes, cause for celebration, no -Biswajit Dhar and KS Chalapati Rao
-The Hindu The inflows during 2020-21 have not been in sync with the Government’s priorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...
More »20 states gets additional borrowing permission of Rs 39,521 crore
-The Telegraph They have completed the 'ease of doing business' reforms stipulated by the department of expenditure Twenty states have completed the “ease of doing business” reforms stipulated by the department of expenditure, which would enable them to get an additional borrowing permission of Rs 39,521 crore through open market borrowings, the finance ministry said on Saturday. “States completing Ease of Doing Business Reforms are eligible for additional borrowing of 0.25 per cent...
More »Five more States complete Ease of Doing Business Reforms
-PTI/ The Hindu With this, 20 States are now eligible for an additional borrowing of 0.25% of Gross State Domestic Product. As many as 20 States have successfully completed Ease of Doing Business Reforms, the Finance Ministry said on Saturday. States completing the reforms are eligible for additional borrowing of 0.25% of Gross State Domestic Product (GSDP). “The number of States that have successfully completed the 'Ease of Doing Business' reforms has reached to...
More »Briefing Note for Parliamentarians on Labour Law Reforms
-Press release by Working Peoples' Charter dated 21st September, 2020 Amidst the micro and macro-economic crisis of the last 5 years, the union government has aggressively pushed the agenda of labour law reforms -- purportedly to simplify India’s ‘complex’ labour legislations, improve the business environment, and augment growth and employment. These changes, driven primarily by the business fraternity, have been aimed at improving India’s ranking in the ‘Ease of Doing Business’...
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