The Congress leader said a 'storm' was brewing on the economic front that will cause damage and hurt many.
RSS-aligned Bharatiya Mazdoor Sangh (BMS) on Monday expressed disappointment over the government's budget proposals with regard to divestment and foreign direct investment, especially in the insurance sector. The BMS, however, lauded the government for its current efforts on the massive vaccination programme, a special scheme for tea workers in West Bengal and Assam, labour oriented push on infrastructure projects in construction sector and development of five major fishing harbours viz. Kochi, Chennai, Visakhapatnam, Paradip, and Petuaghat as hubs for economic activities etc. On other Budget proposals, it said in a statement that "mixing the beautiful concept of Aatmanirbhar Bharat with FDI and disinvestment in the Union Budget is disappointing for the employees".
It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.
Texas Senator Ted Cruz handed a shock defeat to controversial presidential contender Donald Trump in the Iowa Republican caucuses while in the Democratic camp both Hillary Clinton and Bernie Sanders claimed victories as the race for the White House began on Tuesday.
Workers' attitude is changing and they want to work more and demand more wages. They want more productivity.
Despite difficult working conditions, Indians are still seeking jobs in Gulf countries
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
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Between FY05 and FY12, rural poverty declined at 2.3 per cent per annum and urban at 1.69 per cent.
'The biggest gainers under this scheme would be insurance companies.' 'If the government is going to route the payments through the insurance companies, these companies will be making nearly 30 per cent of the money.' 'For instance, if the government is paying Rs 100, then Rs 30 will go to these insurance companies.' 'Only Rs 70 will be available for expenditure that will be incurred by the hospitals.'
Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.
Several Premier League clubs have furloughed employees since the new coronavirus outbreak while others, such as West Ham United and Southampton, have said their players have accepted wage deferrals. While CA announced plans to furlough almost 80% of staff last week, putting them on 20 per cent pay until June 30 when it is hoped more will be known about how long government curbs to control the coronavirus will last.
A political party's manifesto is the first stage of building a compact with the voters in any governance plan. If that compact is dependent on a document that reeks of fiscal imprudence and lacks credibility, it is a serious setback to the country's democracy and governance, says A K Bhattacharya.
'The producer will wear these gold ornaments, but they will not part with Rs 30,000 or Rs 50,000 to pay the writer.'
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
In one case, the folks at SWAN discovered that of the Rs 1,500 they'd transferred as relief in the account of a stranded worker, the bank had deducted Rs 800 as penalty for not having minimum balance!
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
Is Devyani Khobragade's arrest connected to India detaining an anti-piracy ship owned by a US security firm, asks Colonel Anil A Athale (retd).
Under the EB-5 Investment Visa programme, an applicant receives a conditional green card on making a minimum investment of $5,00,000 in the United States.
But Indian information technology workers might do better without the companies that held them back, says Mihir S Sharma.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
The NDA candidate tells the Election Commission that the Maoists plan to kidnap him.
'When all the facts are known, if they ever are, it will likely turn out that both Ms Khobragade and Ms Richard might have been at fault and so too might both governments be faulted, the US for a needlessly aggressive approach in the first place and India for its ham-handed response in the early stages of the affair,' says Rupa Subramanya.
Clinton and Sanders, meeting for the debate in Brooklyn just days before the crucial presidential primary in New York on April 19, minced no words as they attacked each other.
Flood and erosion is a serious issue in the state as more than 4.27 lakh hectares or 7.4 per cent of the state's total area have already been eroded by the Brahmaputra and its tributaries since 1950.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
A new Team England Footballers' Charity has pledged a minimum of one million pounds over the next four years.
Still the Reserve Bank of India will operate as usual and can provide funds via its overnight repo window, traders also said.
National Rural Employment Guarantee Bill moved in Lok Sabha
Manish Sabharwal tackles 5 criticisms of demonetisation.
'Please do not threaten us with street violence.' 'Do you have some humanity left in you?'
'Other communities are also equally frustrated, but they have not been able to put up a front so far. Now a wind of change is blowing,' says Gujarat Congress leader Arjun Modhwadia.
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
Organised by Left-wing farmers' and workers' outfits, the 'Mazdoor Kishan Sangharsh Rally', began from the Ramlila Maidan and culminated at the Parliament Street.
States were directed to ensure there is no movement of people across cities or on highways. Only movement of goods should be allowed.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
Cabinet may take up amendments to 3 laws on Wednesday; but no relaxed retrenchment norms yet.
One of the most glaring contradictions of the more than decade-long Narendra Modi regime in Gujarat is the sad fate of Gujarati medium schools, says Urvish Kothari
The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.
'All parties and the government acknowledge that there we are in trouble and there is more trouble ahead,' observes Aakar Patel.
EPF is the major vehicle for the long-term savings of organised private sector employees.
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