-Business Standard The government has sought parliamentary approval for an extra Rs 18,995 crore social sectors during 2015-16, almost half of the total extra spending asked for over the Budget Estimates (BE). In a supplementary demand for grants, tabled in Parliament last week, the government placed additional expenditure for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), National Food Security Act (NFSA), Swachh Bharat Abhiyan, drinking water scheme, Pradhan Mantri Gram...
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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 »SECC Blows 'Myth of Inclusive Growth'; Govt Must Drop 'Fraudulent Policies': CPI (M)
-Outlook New Delhi: Stating that the data thrown up by the Socio-Economic and Caste Census (SECC) had blown the myth of inclusive growth, CPI(M) today asked the government to drop "fraudulent policies" and put in place a universal PDS system and also strengthen the rural job scheme. The party said that the figures coming out of the survey point towards the need for reversing the economic policies followed until now. "Data from SECC...
More »More tears for Maggi than for cuts in govt’s health spends -Indranil Mukhopadhyay
-The Hindu Business Line India’s expenditure on health is just a little over 1% of its income Health care in India seems to be entangled in a vicious cycle of low public investment and poor health outcomes. Our health achievements are dubious - home to a fifth of the world’s children who die before their fifth birthday and the highest number of mothers who die while giving birth. Poorer neighbours like Bangladesh...
More »The BJP’s borrowed feathers -Dr. Manmohan Singh
-The Hindu Business Line Don’t let Modi’s gloss undermine the efforts and achievements of the UPA government, says the former Prime Minister This is the text of a speech delivered at the Congress chief ministers’ conclave in New Delhi on June 9 There is somewhat of a euphoria that our GDP growth since 2014-15 has started accelerating once again. But doubts have been expressed both within and outside government about the validity of...
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