-The Economic Times The labour ministry has moved a Cabinet note saying the government should raise the monthly pension for organised-sector workers to Rs 1,000 and fund the differential, despite the proposal cutting no ice with finance ministry. The Cabinet note, moved by Labour Minister Mallikarjun Kharge, has put out three options, but his ministry is keen that the burden of providing the extra pension does not fall on employees. "We have proposed...
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Ramdev trusts asked to pay Rs. 5 crore
-PTI The government has slapped a notice of Rs. 5 crore demand on trusts run by Ramdev in connection with alleged service tax evasion while organising their yoga camps. Claiming that shivirs (camps) undertaken by Patanjali Yoga Peeth and Divya Yoga Trust in Haridwar were commercial activity, the revenue department has raised a demand of Rs. 5.14 crore payable on fees collected from individuals for learning Yoga, officials said. "The directorate general...
More »60 lakh more BPL people will come under pension plan -Prasad Nichenametla
-The Hindustan Times In an attempt that could help UPA 2 tide over the anti-incumbency factor and yield political dividends in 2014, the rural development ministry is proposing to cover 60 lakh additional below-poverty-line (BPL) people under its pension schemes. The proposals, including enhanced pension payouts, would cost the central exchequer an additional Rs. 9,500 crore. The recommendations of a committee under the ministry, if accepted, would add to the 260 lakh beneficiaries...
More »Jairam plans pension cover for young widows and single women -Priscilla Jebaraj
-The Hindu In the latest move on its social welfare agenda, the government may expand its pension scheme, widening the net for widows, single and divorced women, disabled people, Dalits and tribal senior citizens, as well as increasing the amount paid to older people. The Rural Development Ministry, which is proposing the expansion, estimates the additional cost at more than Rs. 18,000 crore per year. The Ministry has just accepted the recommendations made...
More »Pharma pricing policy to be discussed today-Sushmi Dey
-The Business Standard If the Cabinet clears the proposed policy, the Department of Pharmaceuticals would have to notify this before the SC?s next hearing on the matter on Nov 27 The Cabinet is likely to take up the proposed National Pharmaceutical Pricing Policy tomorrow, government sources said. The policy is aimed at capping the prices of 348 essential medicines at the weighted average of all drugs in a particular segment, with...
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