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Lack of trained statisticians forces govt to relax recruitment norms
Wed, Jun 10, 2015

Those with a Bachelor’s degree with statistics, mathematical statistics or applied statistics as one of the subjects are now eligible to apply for the service.

FinMin schemes: Infrastructure push planned through NIIF, tax free bonds
Tue, Jun 09, 2015

The initiatives are expected to boost investments in the lagging infra sector.

Monsoon impact hard to assess now: TCA Anant
Tue, Jun 09, 2015

TCA Anant said that correlating a segment with the overall GVA is a strong assumption to make.

In next jobs survey, NSSO to link wages with skills
Sat, Jun 06, 2015

NSDA to introduce a portal which will track the supply of manpower and demand for job creation.

National Pension System: Move over intermediaries, here comes the portal
Fri, Jun 05, 2015

The Pension Fund Regulatory and Development Authority is set to launch an online portal soon.

Despite core growth dip, IIFCL sees no immediate infra lending revival
Fri, Jun 05, 2015

Speaking to The Indian Express, SB Nayar, CMD, IIFCL, said that a large number of power and road projects are still stalled due to delays in land acquisitions and cost overruns.

FinMin finalising gold monetisation scheme
Thu, Jun 04, 2015

Sources said finance ministry is in talks with the RBI to finalise modalities of the scheme under which banks would also be permitted to deposit the gold as part of their CRR and SLR requirements.

Entrepreneurship scheme: Lock, load, start-up
Tue, Jun 02, 2015

The Centre is planning a new scheme that will integrate entrepreneurship education with formal education.

National Pension System: Investments in PE, VC funds, 75% in equity in the works
Tue, Jun 02, 2015

Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.

Provident funds: Premature withdrawal to be subject to TDS
Mon, Jun 01, 2015

Provident fund withdrawals before five years of completion of service will now attract income tax ranging between 10 per cent and 34.608 per cent. A new provision in the Finance Act, 2015 that becomes effective from June 1 has mandated that premature withdrawals of retirement savings that exceed Rs 30,000 before completion of five years […]

Panel on trade union demands may meet by the end of June
Fri, May 29, 2015

In the letter to the trade unions, Dattatreya said that the inter-ministerial committee has been formed on the advice of Prime Minister Narendra Modi.

Training for skills from Class IX is new plan
Fri, May 22, 2015

The policy also focuses on imparting vocational training to school dropouts and enhancing the social status of such workers.

NPS revamp Panel for removing cap on equity, suggests new asset classes
Fri, May 22, 2015

The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.

Take-home salary to take a hit after changes in PF Act
Thu, May 21, 2015

Ministry for deduction of provident fund on house rent, gratuity, other allowances along with basic wage.

Centre may soon start printing rupee on Made in India paper
Wed, May 20, 2015

India imports paper largely from countries including Germany, Japan and the UK though the ink for printing of currency notes is procured domestically.

Industrial production Numbers: Divergent data, mixed signals
Tue, May 19, 2015

While IIP data pegs growth at 2.8% in FY15, advanced estimates of national income shows a 6.8% growth.

Won’t clear FDI in multi-brand retail, says commerce minister Nirmala Sitharaman
Fri, May 15, 2015

The BJP, which has a strong support base of small traders, had vehemently opposed the UPA government’s move to allow 51 per cent FDI in the multi-brand retail sector.

‘Due to problems of poverty, children allowed to help parents after school’
Thu, May 14, 2015

Bandaru Dattatreya stressed that NGOs and social activists have approved the provisions that would allow children less than 14 years of age to only help in family and home enterprises, after school hours.

Likely to extend 350 bn yen of soft loans over next few years
Wed, May 13, 2015

Applauding the Indian government’s efforts at improving ease of doing business, Shinya Ejima, chief representative, JICA India office in an interview that the agency is looking at a range of projects in India.

Child labour rules likely on Cabinet agenda
Tue, May 12, 2015

The proposed amendments seek to bar children between ages of 14 and 18 years, who will be termed as “adolescent” from working in hazardous sector.

Factory law to consider new workplace realities
Mon, May 11, 2015

This was one of the key issues on which the Standing Committee on labour had sought a review of the Bill.

Tripartite panel to review industrial relations code
Fri, May 08, 2015

Code seeks to merge 3 Central labour laws, allow easier closing down norms.

Plan on PDMA likely by year end
Fri, May 08, 2015

Arun Jaitley had in the Budget 2015-16 that he presented on February 28 proposed setting up the PDMA by the end of the fiscal.

Small Factories Bill to be taken up by Union Cabinet next week
Thu, May 07, 2015

The Bill is now expected to be introduced in Parliament in its Monsoon session, missing the ongoing Budget session.

Producing states still apprehensive about sales tax compensation: KM Mani
Thu, May 07, 2015

State FMs are scheduled to meet in Thiruvananthapuram on May 7 and 8 to discuss the further modalities of the goods and services tax.

Interest subvention: FinMin may seek extra Rs15,000 cr
Wed, May 06, 2015

The Budget 2015-16 had allocated Rs13,000 crore to the scheme, under which banks extend short-term loans of up to Rs3 lakh to farmers at an interest rate of 7 per cent.

Labour reforms: On track, but tough job ahead
Wed, May 06, 2015

Niggling procedural hassles stymie efforts to modernise antiquated labour regulations.

House panel questions NITI role in state fund allocation
Tue, May 05, 2015

In the Union Budget 2015-16, the finance ministry had allocated Rs 20,000 crore to NITI Aayog under a new Budget line for Special Assistance to States.

Foreign contributions to National Skill Development Fund exempted from FCRA
Thu, Apr 30, 2015

The exemption is expected to help more funds come in for skill development as the government looks to train nearly 11 crore workers by 2020.

FinMin to encourage mobile payments to curb cash use
Wed, Apr 29, 2015

The government is also looking into incentivising banks for promoting transactions through credit and debit cards.

States have funds, don’t have a plan
Tue, Apr 28, 2015

Centre parts with 42% of its resources, but states neither spend nor consolidate.

Rajiv Pratap Rudy: The moment you deviate from the existing BJP leadership in Bihar, it would collapse
Sun, Apr 26, 2015

Rudy speaks about his plans for creating a skilled workforce, the challenges for BJP in the Bihar Assembly elections and the role caste arithmetic has long played in the state.

Fund crunch pushes new job survey plan to the back burner
Fri, Apr 24, 2015

The ministry estimates that the exercise requires about Rs 90 crore.

Below-normal monsoon to dampen hopes of faster economic revival
Thu, Apr 23, 2015

IMD’s prediction could now pose a challenge to the government’s hopes of a rebound in the economy this year and a targeted GDP growth of anywhere between 8% and 8.5% in 2015-16.

Amid RBI concerns, FinMin gears up for debt management office by next year
Tue, Apr 21, 2015

The proposed agency would take over key functions of the RBI and be responsible for managing the debt, cash and contingent liabilities.

Job growth falls, down to lowest in 3 quarters
Fri, Apr 17, 2015

Despite tapering, service industries like IT-BPO and textiles generated largest number of jobs in more than a year, hiring 89,000 and 79,000 respectively.