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Next generation reforms to avoid middle-income trap: Suman Bery - Vimarsana News

Next generation reforms to avoid middle-income trap: Suman Bery

In an interview, NITI Aayog vice chairman Suman Bery discusses the impact of staying on the "fiscal glide path" on India's credit ratings and private investment. He praises the finance minister for staying the course on fiscal consolidation, which provides headroom for the Reserve Bank of India and impacts the credit ratings of corporates and banks. Bery notes that the timing is right for a huge capex cycle in the private sector and emphasizes the need for regulatory reforms, decentralization, and freeing up sectors like agriculture and energy. He also mentions the importance of tran...

Wistron did not pay workers overtime: Karnataka labour department - Vimarsana News

Wistron did not pay workers overtime: Karnataka labour department

Wistron did not pay workers overtime: Karnataka labour department SECTIONS Share Synopsis “Workers have accused the company of not being given wages for overtime work, which is found to be true. We have asked Wistron to share all records related to the work attendance and payment. Action will be taken as per law,” labour commissioner Akram Pasha told. Agencies Of them, 1,343 were permanent employees while 8,490 were hired on contract. BENGALURU: A preliminary enquiry by Karnataka’s labour department has found that Wistron had not paid overtime wages to workers at its Narasapura (Kolar) ...