-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...
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All to the sweat shop-Bhavdeep Kang
-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...
More »Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya
-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...
More »Funding at a snail's pace-Himanshu Upadhyaya
-India Together All the increased budgets for education in the country may not amount to much, if the States don't move the money fast enough to the intended uses, which is not happening now. Himanshu Upadhyaya reports. The Comptroller and Auditor General's recent performance review of elementary education in Tripura has once again brought to our attention prolonged delays in release of funds meant for schools. The performance review, of accounts spanning...
More »A battle half won -TK Rajalakshmi
-Frontline A study finds that institutional support alone cannot help reduce maternal mortality in India. THE high rate of maternal mortality in India has been a cause for national concern, especially on account of the focus on reaching the United Nations’ Millennium Development Goals by 2015. Although there is a growing realisation that it will be difficult to meet the MDG targets by that deadline, there is a renewed interest in the...
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