The government's second round of stimulus will spur consumer spending in the near term but support to economic growth will be minimal, Moody's Investors Service said.
The anti-labour policies of the government will leave the employees in the lurch and take away all their safeguards, says V K Gupta, Delhi convenor of United Forum of Bank Unions.
The government is discussing a number of policy measures to insulate India from the impact of the global financial crisis including further banking reform, industrial de-control, auctioning all loss-making public sector units, foreign investment in retail, amending labour laws and notifying important pending legislation like the Delhi Rent Control Act.
If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.
Constraints are political and global: political factors may come in the way of scrapping fuel subsidies and reforming outdated labour laws, while the global recession still continues, according to the rating agency. It said that returning to the path of fiscal consolidation will be challenging for the government if the global recession becomes protracted.
Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).
Every house in the Achota village of Dhamtari district in Chhattisgarh has children who roll bidis but are outside the scope of child labour laws.
'The package will help in realising the true potential of employment generation in the textile and apparel sector.'
In the video, the workers, wearing yellow and white helmets, are seen receiving food items sent to them through the pipeline and talking to each other.
It is time for Mr Modi to be a little more reasonable and rational.
The Centre, in a stimulus package on December 7, provided an interest subvention of two per cent up to March 2009 for pre and post-shipment export credit for labour-intensive exports (textiles, leather, marine products) and SME sector.
The BJP bagged 1,989 of the 4,371 panchayat samiti seats while the Congress won 1,852 with almost all results of the four-phase local government polls being declared.
The Supreme Court on Wednesday set aside a Bombay high court order acquitting former Delhi University professor G N Saibaba in a Maoist links case and remanded it back to the high court for fresh consideration on merits within four months.
The model law will not require Parliament's approval.
In a significant move towards labour law reform, negotiations have been reopened on the hire and fire policy with the government offering a unique scheme of insurance coverage for retrenched workers to overcome objections from trade unions.
"The new food supply pipeline has also made it easier to supply better food in larger quantities to them, which is a good thing. Otherwise the situation remains the same," said Negi, who spoke to his brother.
Prime Minister Narendra Modi on Wednesday said that the country's economic growth is picking up pace again and the domestic industry needs to enhance its risk-taking appetite. Noting the recent reforms taken by the government, the Prime Minister said that bringing reforms is a matter of conviction for his government, which is ready to take all risks in the national interest. "We have taken bold decisions. Reforms continued even during pandemic. "The government is doing reforms not out of compulsion but out of conviction," he said while addressing the CII's annual meeting.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
A diplomatic passport does not necessarily give one diplomatic immunity, pointed out New York-based attorney Anand Ahuja, while commenting on the arrest -- and subsequent release -- of Devyani Khobragade, India's deputy consul general in New York on Thursday.
In what may be a sign of the changing political environment ahead of general elections, the Centre has turned down the Maharashtra government's proposal to provide labour law flexibility in special economic zones.
Refusing to produce the accused Ameerul Islam before media, Sandhya said police wanted to build a strong case against him.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
'A sustainable growth rate of 8 per cent is evidently some distance away,' says T N Ninan.
'It is building the country's infrastructure, and delivering it very efficiently.'
A 21-year-old farmer was killed and a few others injured following a clash between security personnel and protesting farmers at Khanauri on the Punjab-Haryana border.
Commerce and Industry Minister Kamal Nath said that India will retaliate if faced with non-tariff trade barriers for its exports.
'You can wake up a person who is sleeping, but how do you wake up a person who's pretending to sleep.'
The terrorists fired at two non-local labourers at a brick kiln at Magraypora in Chadoora area of the central Kashmir district, the officials said.
The eighth Auto Expo kicks off on Thursday promising new launches and big announcements by domestic and global automobile giants, even as the booming industry sought flexibility in labour laws to maintain the growth momentum.
A key meeting of senior United Progressive Alliance government ministers and political parties, including the Congress and its Left allies, failed to secure a political consensus on the showpiece Special Economic Zones initiative.
>Rohini Acharya, Lalu Yadav's daughter who donated her kidney to her father in December 2022, is on her introductory campaign trail in the constituency that has been represented by her father four times.
Signal International, its network of recruiters and labour brokers are being sued for trafficking 500 Indian guest workers to the United States and forcing them to work under barbaric conditions. George Joseph reports for Rediff.com from New York
Farmers on Saturday evening ended their three-day 'rail roko' stir that hit the movement of trains, causing inconvenience to passengers in Punjab and Haryana.
In India, the Indian-American diplomat will also meet with senior government officials to discuss the deepening US-India partnership, the state department said in a release on Friday.
'The government will have to provide something for migrant workers or 'Farmers will still survive because they will eat what they produce.' 'What will the rest of the people do? What will happen to them?'omething else like that or else you will see some huge uprising or unrest.'
Johnson, 58, had been under investigation by a parliamentary inquiry looking into whether he misled the House of Commons about lockdown-breaking parties in Downing Street during the COVID-19 pandemic.
Terming Baba Ramdev's charges against her as "diversionary tactics", Communist Party of India-Marxist leader Brinda Karat Saturday said attempts were being made to deflect attention from the core issue of violation of labour laws.
"People ask me why I am wearing this white T-shirt, don't I feel cold. I will tell you the reason. When the yatra began... in Kerala, it was hot and humid. But when we entered Madhya Pradesh, it was slightly cold.
