-The Indian Express Interim budget does little to tackle unemployment, poverty. And it is clear that the government’s figures cannot be trusted. Last month, I was part of an all-party delegation of MPs from Karnataka, led by a Union cabinet minister, who met the Union rural development minister. We requested him to release the MGNREGA funds overdue to Karnataka. We pleaded that the poorest of the poor, who turn to MGNREGA...
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Education and Employment Drew Blanks in the Interim Budget -Kiran Bhatty
-TheWire.in The new vision wants youth to figure out education and skills on their own but still expects them to be the drivers of economic progress. Piyush Goyal, presenting the interim budget, called it a road map for peoples’ development – a fitting description for an election year budget. Accordingly, it contained the expected sops to farmers (income support), to the middle class and home owners (increase in income tax and rental...
More »Rs. 500 crore for pension for unorganised labour -Priscilla Jebaraj
-The Hindu Allocation for existing scheme slashed The Centre has allocated Rs.500 crore for a new pension scheme for workers in the unorganised sector, even while reducing its allocation for an existing pension scheme by Rs.775 crore. The new scheme, to be called the Pradhan Mantri Shram-Yogi Maandhan, will benefit unorganised sector workers who have a monthly income up to Rs.15,000. It will provide them a monthly pension of ?3,000 from the age...
More »Interim Budget 2019: 'Gokul Mission funds have not been suitably utilised at all' -Jitendra
-Down to Earth The scheme is just 'lip service' for the Modi government says official even as Piyush Goyal allocates Rs 750 crore to it Usually, the Union government’s Budget is allocated for all types of livestock and animal husbandry development purposes. On February 1, 2019, interim Minister of Finance Piyush Goyal eulogised cattle in his speech and allocated Rs 750 crore for them under the Rashtriya Gokul Mission (RGM). RGM is...
More »Aadhaar not mandatory for buying insurance: IRDAI
-The Hindu Business Line However, it may be accepted as one of the proof documents if the customer volunteers Hyderabad: The Insurance Regulatory and development Authority of India (IRDAI) has asked insurers to refrain from seeking Aadhaar from the proposer or policy holders. In a circular, the insurance regulator said along with Aadhaar, insurers should not mandatorily seek PAN/Form 60 as part of Know Your Customer (KYC) norms. However, the insurers may accept...
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