Somesh Jha And Sanjeeb Mukherjee

Stories by Somesh Jha And Sanjeeb Mukherjee

Modi asks states to alter mandi rules

Modi asks states to alter mandi rules

Rediff.com   12 Apr 2020

The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.

60 officers to address worker issues during shutdown

60 officers to address worker issues during shutdown

Rediff.com   12 Apr 2020

The labour ministry has made public a list of 60 officers -- essentially labour commissioners in 20 regions across the country -- along with their e-mail address and contact numbers. They will deal with distress calls from workers who are working under the 'central sphere'.

Why India may defeat coronavirus

Why India may defeat coronavirus

Rediff.com   12 Apr 2020

'What is hindering us is the fear for the disease.' 'For those below the age of 55 years, it's a mild disease.' 'So take care of yourself, your family and your parents.'

Govt begins mapping migrant workers to work out relief package

Govt begins mapping migrant workers to work out relief package

Rediff.com   10 Apr 2020

The Union home ministry and the labour ministry have asked state governments to coordinate with the chief labour commissioner's (CLC's) office to give a comprehensive data of all the migrant workers by April 11.

Government takes up pay cut, layoffs with India Inc

Government takes up pay cut, layoffs with India Inc

Rediff.com   6 Apr 2020

A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.

Will a warmer summer help slow down coronavirus spread?

Will a warmer summer help slow down coronavirus spread?

Rediff.com   2 Apr 2020

IMD has said the temperature in April-June across most parts in India is expected to be 0.5-1 degrees Celsius warmer than normal. However, doctors and scientists say they haven't found any direct correlation between the speed of COVID-19 spread and warm weather.

Revealed: Politics behind the long walk home

Revealed: Politics behind the long walk home

Rediff.com   31 Mar 2020

The Centre and state governments bonded and then fell apart during the longest lockdown walk.

Why migrant labourers have little choice but to head home

Why migrant labourers have little choice but to head home

Rediff.com   26 Mar 2020

Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.

Sitharaman takes stock of coronavirus impact on economy

Sitharaman takes stock of coronavirus impact on economy

Rediff.com   21 Mar 2020

While the meetings on Friday were preliminary discussions, it is learnt that sectors like tourism; hospitality; aviation; micro, small and medium enterprises (MSMEs); and livestock have sought deferring loan repayments and temporary tax holidays in specific cases to help them tide over the steep fall in economic activity.

Bonanza for around 30 mn industrial workers

Bonanza for around 30 mn industrial workers

Rediff.com   11 Mar 2020

The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees.

Brace yourself, this summer's going to be hotter than usual

Brace yourself, this summer's going to be hotter than usual

Rediff.com   28 Feb 2020

The India meteorological department has stated that day temperatures are likely to be above normal by 0.5 degree Celsius, reports Sanjeeb Mukherjee.

Record wheat output expected, arranging storage for harvest a worry

Record wheat output expected, arranging storage for harvest a worry

Rediff.com   19 Feb 2020

India is expected to harvest 291.95 mt of foodgrain in 2019-20

RBI to rejig financial year in line with government's

RBI to rejig financial year in line with government's

Rediff.com   16 Feb 2020

Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.

WhatsApp Pay gets nod, eyes lion's share of market

WhatsApp Pay gets nod, eyes lion's share of market

Rediff.com   8 Feb 2020

Facebook-owned messaging service WhatsApp has secured regulatory approval for launching its digital payment platform -- WhatApp Pay -- in a phased manner, close to two years after the US-based company's pilot run.

Why EPFO blocked accounts of 1 mn employees

Why EPFO blocked accounts of 1 mn employees

Rediff.com   6 Feb 2020

The government has found about 900,000 beneficiaries of its flagship job formalisation scheme, the PMRPY, were ineligible in the first place as they were part of the formal economy even before the inception of the scheme. The EPFO has also recovered Rs 222 crore so far from the employers concerned.

FCI to get Rs 2.15 trillion as food subsidy in 2020-21

FCI to get Rs 2.15 trillion as food subsidy in 2020-21

Rediff.com   3 Feb 2020

This is the highest in the past five years and almost 24 per cent more than last year.

Will bank customers pay for higher depositors' insurance?

Will bank customers pay for higher depositors' insurance?

Rediff.com   3 Feb 2020

'The banks cannot pass on the hike in premiums to its customers, according to the norms. The premium won't go up substantially in any case and may be hiked to 12-13 paise (per deposit of Rs 100 a year),' Finance Secretary Rajiv Kumar said.

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com   2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

Govt wants Rs 10,000 cr interim dividend from RBI to bridge fiscal gap

Govt wants Rs 10,000 cr interim dividend from RBI to bridge fiscal gap

Rediff.com   31 Jan 2020

This demand comes at a time when the government is falling short of its revenue targets due to dwindling tax and low disinvestment receipts. It could account for the dividend in the upcoming Union Budget on February 1. RBI is, however, yet to take a final call on the government's demand and might decide on this at its central board meeting scheduled for February 15 in New Delhi.

RBI plans to put weak private lenders under the hammer

RBI plans to put weak private lenders under the hammer

Rediff.com   16 Jan 2020

The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.