-National Herald More than 25% of the villagers in Nagri, near Ranchi, where the pilot was introduced, have not received subsidies. Most have made multiple trips to the banks wasting their money and yet no solution Aychi Nagduwar is 85 years old and she lives with her 40-year-old mentally-challenged son in Singhpur near Ranchi. The food subsidy supposed to be credited by the Jharkhand government under the Direct Benefit Transfer (DBT) scheme...
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Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy
-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...
More »Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew
-Business Today Social sector spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...
More »Now, payments and small finance banks can offer -Atal Pension Yojana
-The Hindu Business Line Will help strengthen existing channels of distribution, says Finance Ministry New Delhi: The Centre’s social security scheme for the aged — the Atal Pension Yojana (APY) — will now also be available at small finance and payments banks, the Finance Ministry said on Friday. “To strengthen the existing channels of APY distribution, it is felt that these new payments banks and small finance banks will provide a boost to...
More »'Look into financial aid scheme for orphans' -Soibam Rocky Singh
-The Hindu High Court asks Delhi government New Delhi: The Delhi High Court has asked the city government and civic bodies to see if it is feasible to create a financial assistance scheme for marginalised sections of society, such as transgenders or orphans, in lines with the existing old age pension scheme. Delhi already has an old age financial assistance scheme and a disability pension scheme named ‘Financial Assistance to Persons with Special...
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