-Livemint.com World Bank study says giving cash is a more efficient way to ensure social security Last week the government’s chief economic advisor Arvind Subramanian described the direct benefit transfer scheme as a “game changer”. The Pahal scheme, under which cooking gas consumers receive subsidy in their bank accounts, is one of the ways the government is trying to improve the efficiency of its welfare programmes using the so-called the JAM...
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In poor health -Nandita Murukutla
-The Indian Express Reducing preventable disease should be a developmental priority. Government needs to invest in a healthier future. Indians are famous for our savings mentality. The 2014 Towers Watson Global Benefits Attitude Survey found that Indians had the second-highest savings rate, after the Chinese. We save for a variety of reasons, to create a safety net and to yield returns in future. While there is a time to save, there...
More »Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
More »Landlessness key to rural deprivation, census says -Subodh Ghildiyal
-The Times of India NEW DELHI: Landlessness and dependence on manual casual labour for a livelihood are key deprivations facing rural families, socio-economic census figures suggest. This, experts say, means they are far more vulnerable to impoverishment than indicated by a plain reading of the census data. While 48.5 per cent of all rural households are saddled with at least one deprivation indicator, the eye-opener is how much the other factors overlap with...
More »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...
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