Somesh Jha And Sanjeeb Mukherjee

Stories by Somesh Jha And Sanjeeb Mukherjee

Govt keen on NITI's plan to help distressed farmers

Govt keen on NITI's plan to help distressed farmers

Rediff.com   28 Jan 2019

The area-based income compensation scheme says that farmers should be paid the difference between the actual price they get and the state-mandated MSP. The compensation will be determined on a per acre basis by using district-level estimates of marketable surplus and prices in the harvest season.

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com   28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

Should we scrap quarterly job surveys?

Should we scrap quarterly job surveys?

Rediff.com   16 Jan 2019

A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.

These two ministries are clashing over paid maternity leave

These two ministries are clashing over paid maternity leave

Rediff.com   31 Dec 2018

After complaints that the new law may impact employment of women, the government has framed a scheme to provide monetary incentive to companies, reports Somesh Jha.

BoB-Dena-Vijaya Bank merger: What it means for their customers

BoB-Dena-Vijaya Bank merger: What it means for their customers

Rediff.com   24 Dec 2018

The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.

Is RSS union trying to split India's trade unions?

Is RSS union trying to split India's trade unions?

Rediff.com   21 Dec 2018

BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement

Farmers reel under double whammy of drought and fund crunch

Farmers reel under double whammy of drought and fund crunch

Rediff.com   19 Dec 2018

Many farmers in drought hit states are seeking MGNREGA work but the state government's coffers do not have enough fund to pay the salaries of these workers.

3 factors robbing the cream off dairy farmers' lives

3 factors robbing the cream off dairy farmers' lives

Rediff.com   15 Dec 2018

Cheap milk prices, rising fodder cost and the difficulties in buying new cattle and selling old ones on account of cow vigilantism have cast a triple shadow on this sunshine sector in Indian agriculture, reports Sanjeeb Mukherjee.

Shaktikanta Das impresses first RBI board meeting

Shaktikanta Das impresses first RBI board meeting

Rediff.com   15 Dec 2018

'His (Das) approach to work seems that of working as a team with ease in communication.'

What will the new RBI guv focus on Dec 14 meet?

What will the new RBI guv focus on Dec 14 meet?

Rediff.com   13 Dec 2018

The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.

The price of victory for the Congress

The price of victory for the Congress

Rediff.com   12 Dec 2018

The new governments will have to spend much more than Rs 220 billion in Rajasthan, more than Rs 160 billion in MP, and nearly Rs 30 billion in Chhattisgarh.

Is govt's $60 billion agri exports target feasible?

Is govt's $60 billion agri exports target feasible?

Rediff.com   7 Dec 2018

Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office

Data shows why farmers' ire over low farm prices is justified

Data shows why farmers' ire over low farm prices is justified

Rediff.com   7 Dec 2018

The latest official numbers on the price of agricultural produce gives an idea of what's fueling the farmers' protest in Delhi.

RBI may have to restructure its key committees

RBI may have to restructure its key committees

Rediff.com   30 Nov 2018

The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.

Even under new series, farm growth in UPA era better than 4 years of NDA

Even under new series, farm growth in UPA era better than 4 years of NDA

Rediff.com   30 Nov 2018

For the entire UPA regime, from 2005-06 to 2013-14, the average annual farm growth according to the GDP back series data is 3.8 per cent, which too is higher than the first four years of the NDA, though these two periods aren't comparable because one spans nine years and the other four.

Why the Dalit vote is crucial in MP

Why the Dalit vote is crucial in MP

Rediff.com   27 Nov 2018

Dalit votes could play a decisive role in 28-30 constituencies in the 230-member assembly.

PSBs get more teeth to checkmate defaulters

PSBs get more teeth to checkmate defaulters

Rediff.com   23 Nov 2018

The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.

330,000 govt jobs up for grabs!

330,000 govt jobs up for grabs!

Rediff.com   6 Nov 2018

The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.

FinMin-RBI differences come to the fore again

FinMin-RBI differences come to the fore again

Rediff.com   31 Oct 2018

The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.

Why govt's employment data is not reliable

Why govt's employment data is not reliable

Rediff.com   30 Oct 2018

Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.