“Going by the principal that prevention is better than cure, the managements of the hazardous factories should be vigilant in the maintenance activities of the plants, giving no scope for any negligence. The action plan should include involvement of the personnel of all the crucial line departments,” the SP said. … [Read more...] about Action plan on the anvil to prevent industrial accidents
India truck accident
Bollywood couple Saif Ali Khan and Kareena Kapoor Khan, on April 2, announced that they will be donating money to the PM-CARES Fund and Maharashtra Chief Minister's Relief Fund to help combat the coronavirus pandemic in the country.Kareena posted a statement on Instagram, saying that she, along with Saif and their son Taimur, have extended support to the two relief funds."We extend our support to the PM-CARES and Chief Minister's Fund (Maharashtra). In times like these, every helping hand and every rupee raised, matters. Do help wherever possible," the statement read.(With inputs from PTI) … [Read more...] about A Michelin star and a mission: Chef Vikas Khanna is feeding millions in India’s lockdown
Even if you lift lockdown, it is not going to revive economic activity immediately because consumption will not revive, so demand will not. Investment will not revive, therefore demand will not revive. Only the government is spending, but it is going to lose massive tax revenue. My estimate is that the economy will not recover to January 2020 levels for several years because we are into a deep depression. It is not going to be a V-shaped recovery, it is going to be a shallow U-shaped recovery. But suppose very optimistically we go back to January 2020 in a year, then the average rate growth from (-)75% to 0% means we will have a (-)37.5% rate of growth of the economy. If the rate of growth is (-)37.5%, Tax to GDP ratio will become half of what it was earlier. It is easy to see why. GST collections largely come from non-essential goods and sin goods, those in 43% bracket, 28% and 18% brackets. Essentials are in zero per cent or five per cent brackets. … [Read more...] about Can India’s workforce have a safe return to business?
According to RPF data, there have been 10 deaths in Northern Railway zone. “I am not aware of the total numbers but in all the cases that we know of there were health conditions like one person had heart valve replaced, one had hypertension. But to say that the primary reason of deaths is hunger is not correct,” said Northern Railways’ spokesperson. … [Read more...] about Railway Protection Force reports 80 deaths on Shramik trains
Underpinning this interest from PEs is the government backing for the sector, starting from the grant of infrastructure status to the logistics and warehousing industry in 2017 and the drafting of an independent national policy framework for the states to ensure uniformity in rules across the country. … [Read more...] about PE investors put logistics sector in high gear