Somesh Jha &Amp; Archis Mohan

Stories by Somesh Jha &Amp; Archis Mohan

Govt issues Covid-19 safe workplace guidelines

Govt issues Covid-19 safe workplace guidelines

Rediff.com   1 Oct 2020

While demanding more outdoor air ventilation, the strategy document calls for a structural modification in the workplace.

Retrenchment norms: Govt says it won't be 'hire and fire'

Retrenchment norms: Govt says it won't be 'hire and fire'

Rediff.com   29 Sep 2020

The government further defended its move to introduce fixed-term employment, insisting that the present system of hiring workers through contractors is exploitative.

NPAs under Mudra scheme rise to 5% for public sector banks

NPAs under Mudra scheme rise to 5% for public sector banks

Rediff.com   24 Sep 2020

Former RBI governors Urjit Patel and Raghuram Rajan have also expressed worry about the Mudra scheme, particularly government's target-setting practice and the rising bad loans.

Covid: Some good news for ESI subscribers

Covid: Some good news for ESI subscribers

Rediff.com   18 Sep 2020

ESI subscribers to get Covid unemployment allowance within 15 days of claim. Payment will be made into bank account of the insured and Aadhaar will be used for identification.

Why Amarinder backs Rahul to lead Congress

Why Amarinder backs Rahul to lead Congress

Rediff.com   15 Sep 2020

While it made sense for Capt Amarinder Singh to support the Gandhis since none of the 23 'rebels' had any mass base, the truce was important for his ambition to lead the party in the February 2022 state elections. Archis Mohan reports.

Migrants must not bear cost of Covid: Centre to states

Migrants must not bear cost of Covid: Centre to states

Rediff.com   12 Sep 2020

Labour ministry guidelines say workers returning to cities must get housing, health insurance, facemasks. The Centre has also asked states to issue guidelines to employers to take care of the needs of migrant workers.

EPFO to pay 8.5% interest for FY20 in two instalments

EPFO to pay 8.5% interest for FY20 in two instalments

Rediff.com   10 Sep 2020

The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments.

FM to hold review meeting with lenders on loan recast scheme

FM to hold review meeting with lenders on loan recast scheme

Rediff.com   31 Aug 2020

The focus of the meeting will be on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies and identifying borrowers, and discussing issues that require addressing for smooth and speedy implementation.

Amid Raj crisis, Union minister to face credit scam probe

Amid Raj crisis, Union minister to face credit scam probe

Rediff.com   24 Jul 2020

Court orders probe into Union minister Gajendra Singh Shekhawat's role in a complaint linked to Sanjivani Credit Cooperative Society, in which thousands of investors allegedly lost Rs 900 crore a year ago.

Banks to resume wage revision talks with TU leaders on July 22

Banks to resume wage revision talks with TU leaders on July 22

Rediff.com   21 Jul 2020

The current wage revision for PSBs, as well as some private lenders, is due from November 2017 for five years - up to October 2022.

PNB ready to disburse Rs 16,000 crore in loans

PNB ready to disburse Rs 16,000 crore in loans

Rediff.com   6 Jul 2020

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'

Finally some good news for 32 mn construction workers

Finally some good news for 32 mn construction workers

Rediff.com   6 Jul 2020

Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.

Parliament's monsoon session likely in September

Parliament's monsoon session likely in September

Rediff.com   4 Jul 2020

The plan involves the Rajya Sabha and Lok Sabha seating half of their members in their respective chambers, reports Archis Mohan.

How corrupt are India's contract labour laws?

How corrupt are India's contract labour laws?

Rediff.com   24 Jun 2020

Labour

Retrenched Raymond staff stare at long battle

Retrenched Raymond staff stare at long battle

Rediff.com   19 Jun 2020

The company stated that it was taking steps for cost rationalisation across all businesses to maintain liquidity and due to a prolonged slowdown it had to take a few tough measures.

Fallout of PNB buying Audis for top bosses

Fallout of PNB buying Audis for top bosses

Rediff.com   18 Jun 2020

The Centre has advised banks to make a 20 per cent reduction in expenditure related to non-core business activities, along with deferring "avoidable expenditure" on "purchase of staff cars", "refurbishment of guest houses" and on the interior decoration of administrative and back offices.

SARC & Associates appointed as auditors of PM CARES Fund

SARC & Associates appointed as auditors of PM CARES Fund

Rediff.com   13 Jun 2020

The firm, headed by Sunil Kumar Gupta, was appointed auditors of the PM's National Relief Fund in 2019, reports Archis Mohan

No question of removing labour laws'

No question of removing labour laws'

Rediff.com   11 Jun 2020

'A proposal to do away with labour laws is not feasible.' 'That's why we wanted to have a dialogue with the states.'

Social distancing throws spanner in holding monsoon session of Parliament

Social distancing throws spanner in holding monsoon session of Parliament

Rediff.com   10 Jun 2020

Officials have said the national capital lacked a convention centre big enough to seat so many MPs and adhere to social distancing norms. Additionally, holding a 'virtual session' looks slims as any change in the rules requires a motion to be carried in both the Houses of Parliament.

Govt unlikely to tweak GST rates on non-essential items

Govt unlikely to tweak GST rates on non-essential items

Rediff.com   1 Jun 2020

Retaining the GST rate assumes importance since states are under pressure to increase their revenues, hit hard by lockdown. Also, the Centre has not fully compensated states for their revenue losses on account of GST for 2019-20.