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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)

-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...

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A women-owned dairy in Andhra Pradesh eyes the big league -AD Rangarajan

-The Hindu With a strength of over 83,000, it procures 3.5 lakh litres of milk a day Tirupati: Before Shreeja entered her life, middle-aged Gangamma of Palamaner mandal in Andhra Pradesh’s Chittoor district had to be content with the daily drudgery of maintaining her barn and selling the milk from her cows to a private supplier. And that came with the attendant problems of first realising payments from the buyer, and once...

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Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty

-The Telegraph Centre to eat up Savings in case of death of subscriber and spouse The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification. Contributory pension schemes usually ensure payments to dependant and unmarried children. However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union...

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A long way from Kolkata, Delhi...lies West Bengal's Saradha chit fund country -Ravik Bhattacharya

-The Indian Express In the wake of life’s Savings lost to scams, children have dropped out of school, marriages have been put off, people have left homes, and suicide, say some, is the only option. The Indian Express on the stories forgotten in the headlines. Most days, Raqib Sardar can be seen hanging around a tea shop at Sonarpur Railway Station in South 24 Parganas district, 30 km from Kolkata, looking...

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A costly short-term borrowing: Dip into small Savings -Sunny Verma

-The Indian Express The NSSF collects funds through small Savings schemes, such as Post Office Savings Account, National Savings Time Deposits, National Savings Recurring Deposits, National Savings Monthly Income Scheme. It is a costlier form of borrowing for the government as compared to market loans. New Delhi: AN INCREASED reliance on the National Small Savings Fund (NSSF) and issue of recapitalisation bonds has helped the government to improve its fiscal affairs...

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