-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
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Labour Ministry to trim cos' EPFO coverage threshold to 10 workers
-PTI At present, it is mandatory for firms with 20 or more workers to subscribe to social security schemes New Delhi: In a bid to provide social security to additional 50 lakh workers under retirement fund body EPFO, the Labour Ministry has decided to halve the threshold for coverage of firms to 10 workers through an executive order. At present, it is mandatory under the Employees' Provident Fund and Miscellaneous Provisions Act for...
More »The courage to teach -Pankaja Srinivasan
-The Hindu Giving up corporate jobs and fat salaries, an increasing number of young men and women are committing their lives to providing education to India’s poorest “I had career goals, now I set myself happiness goals. Giving and getting happiness in return,” says Pracheta Sharma, and somehow that does not sound one bit corny. Sharma, along with two other friends Mainak Roy and Rahul Bhanot, is working on a project...
More »The Union Budget Must Not Ignore Social Security for Children -Kumar Shailabh
-TheWire.in The government is gearing up to prepare the Union Budget 2016-17. The Ministry of Finance is holding pre-budget consultations with various groups for their inputs to make it inclusive and progressive. The Finance Minister, in his opening remarks during the pre-budget meetings with the social sector mentioned that “Inclusive growth is high on the priorities of the present government and the government will take adequate measures to ensure social security...
More »Modi govt's flagship Atal Pension Yojana meets 10 per cent of target -Kumar Vikram
-India Today Concerned over the poor response, the Finance Ministry has asked all state-run banks to extend the date of government contribution till March 31, 2016. The Centre's flagship pension plan, launched with much fanfare last year, is struggling to stay afloat. It has been able to bring only about 10 per cent of the targeted two crore under its ambit. The Atal Pension Yojana (APY), aimed at ensuring pension for those...
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