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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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Govt notifies 30 new works under MGNREGA to facilitate rural sanitation projects-Bhanu Pande

Union Ministry for Rural Development has notified 30 new works under MGNREGA, majority of which are related to agricultural and allied activities, besides the works that will facilitate rural sanitation projects in a major way. The works have been divided into 10 broad categories like Watershed, Irrigation and Flood management works, Agricultural and Livestock related works, Fisheries and works in coastal areas and the Rural Drinking water and Sanitation related...

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60% of rural India lives on less than Rs 35 a day

-PTI About 60 per cent of India's rural population lives on less than Rs 35 a day and nearly as many in cities live on Rs 66 a day, reveals a government survey on income and expenditure. "In terms of average per capita daily expenditure, it comes out to be about Rs 35 in rural and Rs 66 in urban India. About 60 per cent of the population live with these expenditures...

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Study Shows Unique ID’s Reach to India’s Poor-Amol Sharma

When India embarked on its “unique ID” project in the fall of 2010, pledging to distribute unique 12-digit numbers to 1.2 billion people, the hope was that hundreds of millions of Indians who don’t have a passport, driver’s license or other credible identity document would get one – and with it, a ticket to essential government and private sector services. A new survey led by Arun Sundararajan, a professor at New...

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Inflation takes away ‘feel good factor’, one-third Indians suffering: Survey-Sidhartha

High inflation and moderate economic growth seem to have taken away the "feel good" factor for many Indians. Gallup's Financial Wellbeing Index, released on Monday, showed that 31% of Indians rated their present and future lives as "suffering" compared to 24% in 2011. Similarly, only around 13% said that they are "thriving" compared to 21% a year ago. The biggest jump in the "suffering lot" is in the middle 20% population, where...

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