The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
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Atal Pension Yojana: Guaranteed, but low pension -Anand Kalyanaraman
-The Hindu Business Line The Atal Pension Yojana is intended as a safety net for workers in the informal sector The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60. While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector. Guaranteed pension The scheme has been tailored to make it...
More »MNREGA world's largest public works programme: World Bank
-PTI WASHINGTON: India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 per cent of the country's population, World Bank has said. India is among the five middle-income countries running the world's largest social safety net programmes, said a World Bank Group's report 'The State of Social Safety Nets 2015'. "The world's five largest social safety net programmes are all...
More »NHRC rescues 101 bonded labourers in Bihar
-IANS The NHRC on Tuesday said it has rescued 101 bonded labourers from Madhubani in Bihar, after an NGO complained they were being made to work forcefully on agricultural lands and not being paid minimum wages. The 101 labourers from 38 families were Musahars, a community classified as Scheduled Caste. The rescue operation was carried out following a complaint received from an NGO in December 2014. The labourers have been provided relief under various...
More »Old but not gold -Rukmini S
-The Hindu India now has over 100 million citizens over the age of 60, five times the number in 1950. Independent India was born an extraordinarily young country. The median age was just a little over 21, and nearly 60 per cent of the population was under 25. With life expectancy just 36 years, the issue of managing an ageing population must have seemed like challenges for the distant future. Much has changed...
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