-The Times of India NEW DELHI: After the success with opening bank accounts and two insurance schemes, the government is lining up a major push for retirement savings under its financial inclusion programme. The finance ministry has begun talks to rope in 1.5 lakh post offices along with kirana shops and chemists to sell pension plans with an assurance of minimum returns. Sources told TOI that the department of posts, which is...
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Centre calls on vendors to discuss technicalities -Surabhi
-The Indian Express September 18 meeting will focus on cost, specification and security issues Moving ahead with its promise to provide smart cards to unorganised sector workers that would enable them to access social security benefits, the labour ministry has called for a meeting with smart card vendors and agencies next week. The meeting, called on September 18, will focus on finalisation of the technical aspects of such cards, including cost, specifications,...
More »India no country for old men, Switzerland the best: Report -Kounteya Sinha
-The Times of India LONDON: India has emerged as among the worst places in the world to grow old. The country has ranked 71 among 96 countries -much lower than most of its Southeast Asian neighbours -in the Global Age Watch Index by Britain's University of Southampton and Help Age International. It scored lowest in healthcare for the elderly. An average 60-year-old in India is expected to live only 12.6 years in good...
More »SC raps Centre on labour cess
-The Telegraph New Delhi: The Supreme Court today summoned the Union labour secretary to explain states' failure to utilise a staggering Rs 27,000 crore collected as cess for construction workers' welfare and rapped the Centre for its "unfortunate casual attitude" in the matter. A bench of Justices Madan B. Lokur and U.U. Lalit, which deals with social justice matters, said the labour secretary should appear at the next hearing and submit an...
More »Socio Economic Caste Census: Has It Ignored Too Many Poor Households? -NC Saxena
-Economic and Political Weekly A survey to identify who the poor are and how many are actually poor is necessary if programmes and benefits targeted at the needy are to reach them. The Socio Economic Caste Census, of which partial results have been published, was intended to do this. Yet, even a cursory look at the figures indicates that they call for a willing suspension of disbelief. N C Saxena (naresh.saxena@gmail.com) was...
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