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.
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Common people expect the government to be aggressive and opt for growth related measures in the upcoming Budget.
Indian economy about to take-off
GST will yield 'better value for money' for car buyers, increasing automobile industry demand, says Sandip Neogi.
Considering that all sides to the game feel being targeted by the BJP-ruled Centre through taxmen and their ED/CBI counterparts, both factions may not rule out the possibility of patching up after a time, says N Sathiya Moorthy.
In Muthuvel Karunanidhi's passing, Tamil Nadu has lost the last of its Titans.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
The elections were recently postponed.
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
The problem is set to grow following issuance of 75 million new RuPay cards in the next six months with the launch of the Jan Dhan Yojana.
Under siege, Nitish plans to tweak Bihar's anti-booze law
'Sasikala, already determined to keep both the party and CM's post for herself, might not be able to do it, if she were to wait any longer,' says N Sathiya Moorthy.
People elected me to fight corruption, I'm doing what they told me to do, Modi said.
'Think about this: A widow of a jawan is drawing only Rs 3,500. If OROP is implemented, she will get additional Rs 1,500. These poor girls are young and have no source of income; they are trying their best to just make ends meet. It is the pain of these situations that has driven me to this.' 'We don't want to put pressure on the government -- that's not our intention. We have full faith in our prime minister. We are asking for a meeting with him, and when we get that, we are sure he will not only give us what we are asking for, but 10 per cent extra.' Major General Satbir Singh, who headed the OROP agitation at Jantar Mantar, speaks out.
In addition to the problem of long queues at automated teller machines, there would be the problem of guiding new cardholders, especially in rural and semi-urban areas, on how to use those cards, some bankers told Business Standard.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
With EU, it is part of the FTA that we will need to negotiate.
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