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No annuity rider, NPS subscribers get ₹5 lakh exit option

-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...

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EC notice to BJP leader Dilip Ghosh over Sitalkuchi comments

-The Hindu Election Commission also banned BJP leader Rahul Sinha from campaigning for 48 hours for his statement on the Sitalkuchi firing incident The Election Commission (EC) on Tuesday issued a notice to West Bengal BJP president Dilip Ghosh for violating provisions of the Model Code of Conduct and Indian Penal Code for making an “inflammatory statement” threatening the people of Bengal during a public rally in Barangar, North 24 Parganas. The EC...

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Large Number of Women Do Not Have Access to Maternity Benefits: Survey -Ditsa Bhattacharya

-Newsclick.in The paper by economists Jean Dreze, Reetike Khera, and Anmol Somanchi is based on the findings of the Jaccha Baccha Survey (JABS), a survey of pregnant and nursing women in rural India conducted in June 2019. A large majority of Indian women are still deprived of maternity benefits they are entitled to under the National Food Security Act, 2013, according to a recent paper by economists Jean Dreze, Reetike Khera, and...

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In Tamil Nadu, environment is good politics -Nityanand Jayaraman

-The Hindu There seems to be a shift from prioritising expressways and megaports to agriculture and forests Environmental promises have made a visible entry into Tamil Nadu’s politics, along with a guarded valourisation of farmer and fisher rights over big-ticket infrastructure and industrial projects. All key parties in the 2021 Assembly polls barring the AIADMK dedicated a section for “environmental protection” in their manifestos. Setting aside the justified cynicism about fulfillment of...

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‘Corruption first, citizenship later’: Why CAA is having little impact on the Bengal elections -Shoaib Daniyal

-Scroll.in Everyday politics dominates the discourse amongst the state’s large population of Hindu Bangladeshi migrants. “Has anyone ever thought of us here?” said 64-year old Mohadev Majumdar. “We got tortured there. And are now having to beg here. What will CAA do? We don’t have hope from any party.” In 1971, a teenaged Majumdar fled what was then East Pakistan after his father was shot dead by the army. While technically India closed...

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