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When Aadhaar-related problems lead to denial of rations and benefits: what the data show -Shreyas Sardesai

-The Indian Express Have people been denied foodgrains due to non-possession of an Aadhaar ID or because their Aadhaar biometric details didn't match? Here's data from a Lokniti-CSDS study The Supreme Court recently asked the Centre to respond to allegations made in a PIL by a Dalit woman from Jharkhand that 3 crore ration cards have been cancelled in the country because of the insistence on Aadhaar linkage and biometric authentication, and...

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No annuity rider, NPS subscribers get ₹5 lakh exit option

-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as Poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...

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Loan burden increased across India in 2020 amid pandemic: Study

-Down to Earth Among marginalised groups, indebtedness was highest in Muslim-majority and Scheduled Caste-majority hamlets Indebtedness became more acute in around 70 per cent hamlets surveyed in 75 Indian districts during October-December 2020, according to a study on the effects of the novel coronavirus disease (COVID-19) pandemic and lockdowns. The figure was 76 per cent in the first few months following last year’s lockdown. There was a slight dip in the indebtedness of...

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Covid-19 has pushed half of India’s Poor away from nutritious food: report -Parthasarathi Biswas

-The Indian Express The lack of a social safety net resulted in misery for workers, many of whom were suddenly left without means of transport. Women were at the receiving end of the restrictions with the report pointing out how 50 per cent of households surveyed reported that women were spending more time in cooking or fetching firewood than before. The outbreak of the Covid-19 pandemic and the restrictions that followed has...

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A case for cash transfers -Saugato Datta

-The Hindu The revival of the NYAY scheme in Congress’s Kerala manifesto is a welcome step The Nyuntam Aay Yojana (NYAY) has become more relevant since it was first proposed two years back. By resurrecting it in its Kerala manifesto, the Congress has an opportunity to make the idea even more robust. Even the best policy proposals find it hard to survive an unsuccessful election campaign. So, it was unexpected to see a...

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