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Cost & equity counter-arguments on pensions

-The Business Standard The conflict between a universal and a targeted approach to social welfare which has held back the proposed food security law is now emerging in the ongoing movement for a universal pension. While economist Jean Dreze, who has been demanding universal old age pensions as part of a platform called Pension Parishad, has called for abolition of the Below Poverty Line (BPL) targeting system in all pension schemes, calling...

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For a universal old-age pension plan-Prabhat Patnaik

With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...

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DIGNITY FOR THE ELDERLY: JOIN THE CAMPAIGN

A campaign to help the elderly spend the evening of their lives with dignity and without want is being launched by Pension Parishad with a dharna in Delhi from May 7th to May 11th 2012 at Jantar Mantar, New Delhi. The idea is straight and simple, and is something whose time has come. Just read on and reach the venue for more information and interviews with the campaign participants.   “One...

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In convergence push, NREGA card to carry Aadhar number-Devika Banerji

Online cards issued under the government's flagship rural jobs scheme will now include the beneficiary's 12-digit 'Aadhar' number issued under the Centre's multi-crore unique ID project that has drawn more brickbats than bouquets.  Over the next three months, state governments will update the registration data, including Aadhar numbers, of beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Scheme in an exercise to weed out ghost cards.  "This will help us assess...

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In whose welfare?-Gaurav Choudhury

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...

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