-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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UNFPA’s population report turns spotlight on bodily autonomy -Jagriti Chandra
-The Hindu The report, ‘My Body is My Own’, shows only 55% of women are fully empowered to make choices. Nearly half the women from 57 developing countries do not have the right to make decisions regarding their bodies, including using contraception, seeking healthcare or even on their sexuality, according to the United Nations Population Fund’s (UNFPA) flagship State of World Population Report 2021 titled ‘My Body is My Own’ launched on...
More »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...
More »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...
More »Early heatwaves foreshadow uncertain future in South Asia -Zuha Siddiqui
-TheThirdPole.net Even if global warming is contained at 1.5 degrees Celsius, deadly heatwaves are likely to become more common in India, Pakistan and Bangladesh. On the cusp of spring, residents of Karachi, Pakistan’s largest metropolis, braced themselves for the year’s FIRst heatwave. Mercury levels rose to 44 degrees Celsius on April 3 – the highest temperature recorded in April since 1947 – foreshadowing a brutal summer ahead. As dry heat settled across the...
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