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Rainy Days by Arti Sharma

Central pension plan NPS finally gets a boost The ‘New’ NPS     Measure: Improve incentives for distributors. Has been recently implemented.     Impact: Was required. But won’t be enough, need consumer education to build volumes.     Proposal: Increase fund management fees with an option to lower later.     Impact: Under consideration. But finance ministry unhappy with increase in costs.     Proposal: Relax the norms to appoint more fund managers to increase distribution.     Impact: Unlikely. At...

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How to usher in vaccinnovation in India by MK Bhan

-The Economic Times   Vaccines are a true gift of science to humanity. In developing countries, prevention is better than cure. Vaccines have a great track record of safety and efficacy and they are amongst the most cost-effective products, which even the poor have access to due to effective systems of procurement and delivery. India's contribution in the vaccine arena is noteworthy. The primary reason behind the country's vaccine success story is...

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Pros and cons of reservation in schools for economically backward by Puja Pednekar

With schools having to reserve 25% of their seats for economically backward students from the next academic year, the poor kids will get an opportunity to study in elite schools. Puja Pednekar weighs the pros and cons. Ten-year-old Rahul Waghmare trudges to a civic school in Andheri every day. He wants to design automobiles when he grows up. But now, he dreams of studying in a posh school. However, he can’t afford...

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Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

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Nuclear power is our gateway to a prosperous future by APJ Abdul Kalam and Srijan Pal Singh

'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?' Every single atom in the universe carries an unimaginably powerful battery within its heart, called the nucleus. This form of energy, often called Type-1 fuel, is hundreds of thousands, if not millions, of times more powerful...

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