The Economic Times



Many states, union territories reported 'nil' data on farmer suicides: Home Ministry

Minister of State for Home Affairs G Kishan Reddy said this in response to a question by Congress leader Rahul Gandhi seeking to know if the farmer suicide data for the past four years was available.

Market Movers: What changed for D-Street while you were sleeping

Here’s breaking down the pre-market actions.

Labour ministry mulls national policy for domestic workers

“A draft national policy on domestic workers is under consideration of the central...

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  • The government has made upfront released Rs 70,000 crore to state-run banks and made additional provision for lending and liquidity of Rs 5 lakh crore to increase credit flow to industries, said Goyal. He said while global growth is forecast at 3% for 2019, India continues to grow faster than the rest of the world.

    A 28 member Standing Committee on Statistics chaired by former Chief Statistician Pronab Sen was constituted.

    Besides the post of DCM, the NCP has got 12 cabinet and four ministers of state posts and around a dozen important portfolios with huge budgetary allocations annually. NCP President Sharad Pawar's nephew Ajit Pawar is the new Finance Minister entrusted with the crucial job of improving the state's precarious financial position.

    An information portal collating official data on employment, health, GST and trade could be up soon.

    Among other NCP ministers, Jayant Patil has got Irrigation, Chaggan Bhujbal got food and civil supplies, Hasan Mushrif got rural development, Jitendra Awhad got housing, Balasaheb Patil got cooperation department.

    “It would be practically difficult for small establishments to get registered and comply with the code engaging additional administrative and other personnel to monitor the health and safety parameters as envisaged in the code,” said Indian Staffing Federation president Rituparna Chakraborty.

    The members of the committee include representatives from the ministry of railways, Coal India, members of trade unions, employers’ representative and secretary of the Central Advisory Contract Labour Board as convener.

    "Total original cost of implementation of the 1,636 projects was Rs 19,52,524.85 crore and their anticipated completion cost is likely to be Rs 23,53,108.80 crore, which reflects overall cost overruns of 4,00,583.95 crore (20.52 per cent of original cost)," the ministry's latest report for October 2019 said.

    The government had earlier granted extension to the iron and steel industry for a period of six months, starting from December 20, 2018.

    As of now, total 997 employment exchanges are functional in the country. The Ministry is implementing the National Career Service (NCS) project for transformation of the National Employment Service to provide a variety of employment related services like job matching, career counseling, vocational guidance, information on skill development courses, etc.

    The SSA with Brazil will help in avoiding making of double social security contributions by the workers (detachment); easy remittance of benefits (exportability); aggregating the contribution periods (in two countries) to prevent loss of benefits (totalisation).

    The labour code on Industrial Relations 2019, cleared by the cabinet last week, also says that fixed-term employees will get all statutory benefits like social security, wages, etc. on par with the regular employees who are doing work of same or similar nature. The Bill is expected to be introduced in parliament on Wednesday.

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