Eminent economist and columnist Surjit Bhalla Tuesday said he has resigned as part-time member of Economic Advisory Council to the Prime Minister (EAC-PM) on December 1. "I resigned as part-time member of PMEAC on December 1," Bhalla said in a tweet. A Prime Minister's Office spokesman said that Bhalla's resignation has been accepted by the Prime Minister. "In his request he had stated that he would be joining some other organisation," the spokesman said. EAC-PM is an independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. The six member Council consists of eminent economists : Bibek Debroy (Chairman), Shri Ratan P Watal (member secretary), Rathin Roy (part-time member), Ashima Goyal (part-time member), and Shamika Ravi (part-time member).
Prime Minister Narendra Modi has accepted the resignation of economist Surjit Bhalla as part-time member of his Economic Advisory Council (EAC), the PMO said on Tuesday.
French President Emmanuel Macron on Monday announced that he will raise the monthly minimum wage by 100 euros ($113) and lower taxes on retirees and workers in a somber speech to the nation in which he tried to respond to the demands expressed in the so-called "yellow vest" protests.
The Delhi government on Monday launched a 10-day special drive to check whether minimum wage rules set by it are being followed in the national capital, and conducted inspections at 20 public and private institutions on the first day.
Indian IT industry apex body's social arm Nasscom Foundation plans to use corporate social responsibility (CSR) funds to skill techies on latest technologies like Blockchain, Artificial Intelligence (AI) and robotics, a top executive has said.
The labour department of the Delhi government on Monday launched a 10-day special drive to check whether minimum wage rules are being followed in the national capital, and conducted inspections at 20 public and private institutions on the first day. Delhi Labour Minister Gopal Rai said during inspections by nine teams of Special Task Force (STF) in west Delhi, it was found that some government and private institutions were not complying with the minimum wage rules as notified by the AAP dispensation. "Those found to be violating the rules are being issued showcause notice, asking them to appear before the labour court of west Delhi on December 24 with proper documents," Rai told reporters. He said the drive will be conducted in the south district of the labour department on Tuesday. Nine teams have been formed to inspect factories and firms to check whether they are paying minimum wages or not. The minimum wages applicable in Delhi from November this year are, Rs 14,000 per month for .
POCATELLO, Idaho (Reuters) - When Sean Luangrath joined Pocatello, Idaho-based Inergy Solar a few years ago, the plan was to move the portable solar battery maker to his home base of Salt Lake City so he could build it with easy access to Silicon Slopes' tech talent and venture capital.
: Income Tax sleuths Saturday seized over Rs 54 crore of unaccounted cash during searches at multiple premises of a leading Tamil Nadu based distillery here. Acting on a tip off about suspected tax evasion and backed up by days of spadework related to the company, income tax officials conducted searches at 12 premises belonging to the Director and employees of the distillery. "Over Rs 54 crore of unaccounted cash was seized following the searches. None of the persons from whose premises the cash was found and seized could give any explanation about its source. The director has owned up the unaccounted cash," a top tax investigation official told PTI. Further administrative processes related to the cash seizure is on. The searches were launched on Friday.
Indian IT industry apex body's social arm Nasscom Foundation will host a conference here on December 10-11 to discuss corporate social responsibility (CSR) trends in IT industry.
BERLIN (Reuters) - Germany's EVG railway workers' union plans to stage warning strikes over the Christmas period after wage talks with rail operator Deutsche Bahn broke down early on Saturday.
South Africa's President Cyril Ramaphosa said Friday that a landmark minimum wage bill to bridge the country's notorious inequality will become law from January 1 as he eyes elections due in 2019. The bill legislates that the lowest paid workers receive a minimum of 20 rand ($1.42) per hour. "This is a great achievement for the working people of South Africa, who have had to endure generations of exploitation," Ramaphosa said at a signing ceremony in Johannesburg. The unprecedented piece of legislation is expected to improve the wages and livelihoods of an estimated six million South Africans currently earning less than the new minimum. The ruling African National Congress (ANC) party will hope that the move, along with recent decisions to lower taxes on key food staples, will appeal to its traditional electoral base -- poor township and rural voters. Support for the ruling party dipped during the rule of scandal-marred ex-president Jacob Zuma which saw it lose control of the economic
US businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey. The report comes as other data also suggest the U.S. economy remains healthy, even as the financial markets have gyrated over concerns about a trade conflict with China and slowing global growth. Payroll processor ADP said Thursday that last month's job gains slowed from October's strong showing of 225,000. Still, November's hiring is enough to lower the unemployment rate over time. Job gains were strong in health care, which added 37,000 jobs, and in hotels and restaurants, which gained 26,000. Professional and technical services, which include high-paying jobs such as accountants and engineers, added 25,000. Construction gained 10,000 positions while manufacturing added just 4,000. The report Thursday arrives a day before the government releases its official jobs numbers. Economists forecast that they will show employers added 195,000 jobs, and the unemployment rate will .
The Employees' State Insurance Corporation (ESIC) has allowed public other than its subscribers to avail medical services at its under-utilised hospitals. The decision was taken during the ESIC's 176th meeting held on December 5 under the chairmanship of Labour Minister Santosh Kumar Gangwar, a labour ministry statement said. The decision will immensely help common people avail quality medical care at low cost and ensure full utilisation of ESIC hospital resources, it added. In the meeting, it was decided to allow non-insured persons to avail medical services at under-utilised ESIC Hospitals after levying user charges at a subsidised rate of Rs 10 for outpatient department (OPD) consultation and at 25 per cent of Central Government Health Services' package rates for in-patients, the statement said. Also, the ESIC will provide medicines on actual rate initially for one year on a pilot basis. The ESIC has over 150 hospitals and around 17,000 beds for patients across the country. It has .
/ -- As the IT upskilling revolution gathers steam, the chief architects of training programs & organizational development at multinational organizations - the Learning & Development (L&D) professionals - are flocking to Connect L&D, a dedicated research platform established by SpringPeople, exclusively for L&D leaders & professionals. India's 20,000 strong L&D community form the backbone of employee learning & development at companies, directly responsible for upskilling the IT workforce of about 4 million with estimated spends of $5 billion. According to a recent study, 94% of Chief Human Resources Officers (CHROs) surveyed in India were of the opinion that there is a critical need for Indians to up-skill continuously to keep up with the changing technological landscape. But while the responsibility of upskilling employees & organizational development (OD) in an organization lies with its L&D professionals, there is a shortage of initiatives .
Afghanistan has appointed its first woman to a senior post at the Interior Ministry, naming Hosna Jalil as deputy for policy and strategic affairs. Following her appointment ceremony on Wednesday, Jalil said she relished the challenges of the job. Afghan women have forged ahead since the 2001 collapse of the Taliban regime, which denied girls the right to go to school and women the right to work. With their rights guaranteed under the constitution, they have become lawmakers and joined the workforce. Jalil says her appointment sends a message to the radical religious movement that "this is a winning story for the government of Afghanistan ... having a woman in the security sector." She added: "I think it delivers a message, the entire message.
The National Commission for Child Rights has rescued six child labours from a construction site run by NBCC, the central public sector undertaking, and summoned its CMD in this connection. NCPCR chairperson Priyank Kanoongo said the rescue operation was carried out on Tuesday and six child labourers were rescued from a construction site in East Kidwai Nagar. He said NBCC CMD Anoop Kumar Mittal has been summoned next week on December 13 over rescue of the child labourers. A NBCC spokesperson said it has not received any summon yet. He also said that the NBCC does not deal directly with the recruitment of workers at its site and the recruitment is done by contractors.
If you thought that working long hours may help you please your boss, think twice. According to a survey, people who work longer shifts typically make nine per cent more errors than those on shorter shifts.
Over 12,000 applicants registered unemployed were provided jobs over the last five years in Uttarakhand, the state assembly was told Wednesday. Of 9,24,511 unemployed people registered at employment exchanges in the state, altogether 12,747 got jobs in this time period, Skill Development Minister Harak Singh Rawat said in reply to a question in the state assembly.
Income tax payers will soon get pre-filled ITR forms that will make the process of filing returns easier, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has said. The tax department is working on the pre-filled income tax return (ITR) forms which would be based on tax deducted at source (TDS) details filed with the department by the employer or any other entity. "You will be getting a pre-filled return form on which we are working because your TDS is with us. So, we are moving towards that direction. "We want to make it (processing of return form) very fast, maybe in a day or a week. That system is also under preparation and it may take a year or so. So that you get a pre-filled form, and you can justify that form is correct. We will accept it," Chandra said. He said only 0.5 per cent of cases had been taken up for scrutiny and even these cases have been selected by computer system. "There is no discretion (in selecting income tax-related cases). Our endeavour is to ...
A Delhi court on Wednesday framed charges against AAP MLA Amanatullah Khan for allegedly abetting the kidnapping of 15 child labourers when they were being rescued from weaving units here in 2010, paving the way for his trial in the case. Additional Chief Metropolitan Magistrate Samar Vishal put on trial the legislator and another accused Saifiullah Siddiqui after they appeared in the court and pleaded not guilty. The court framed charges of abetting kidnapping and criminal intimidation to cause death or grievous hurt against the two accused. Both the offences entail a maximum punishment of seven years in jail, with or without fine. It listed the matter for December 14 for commencing the trial by recording evidence. The trial court framed the charges after a sessions court on December 3 set aside an earlier order discharging Khan and Siddiqui. The case relates to the rescue of 15 child labourers by the police and the NGO from Batla House, Jamia Nagar here. However, a mob allegedly led