Central pension plan NPS finally gets a boost The ‘New’ NPS Measure: Improve incentives for distributors. Has been recently implemented. Impact: Was required. But won’t be enough, need consumer education to build volumes. Proposal: Increase fund management fees with an option to lower later. Impact: Under consideration. But finance ministry unhappy with increase in costs. Proposal: Relax the norms to appoint more fund managers to increase distribution. Impact: Unlikely. At...
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Snakes and ladders by Amartya Sen
Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...
More »What Azadi means: Findings from a first-ever Home Ministry survey of Kashmiri youth by Riyaz Wani
Valley’s youth say peaceful political protests are the most effective means for achieving political aspirations. Estrangement from India is matched by the lack of interest in Pakistan In 2010 the Ministry of Home Affairs had commissioned a focussed survey on the priorities and aspirations of Kashmir’s new generation, which had spearheaded the long spell of unrest, and found that 54 per cent of them identified “Azadi” as their preferred “final status...
More »Do we need the Aadhar scheme?
-The Business Standard Its guarantee of non-duplication can have far-reaching cost benefits but it has deep design flaws that can be compromised. PRAVEEN CHAKRAVARTY Former Volunteer, Financial Inclusion, UIDAI* “Aadhaar is an unadulterated identity programme that answers the question: Is the individual who he or she claims to be?” The word “unique”, and not “identity”, is central to the unique identity programme or Aadhaar. It may be true that the vast majority of people possess some...
More »From food security to food justice by Ananya Mukherjee
If the malnourished in India formed a country, it would be the world's fifth largest — almost the size of Indonesia. According to Food and Agriculture Organisation (FAO), 237.7 million Indians are currently undernourished (up from 224.6 million in 2008). And it is far worse if we use the minimal calorie intake norms accepted officially in India. By those counts (2200 rural/2100 urban), the number of Indians who cannot afford...
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