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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Jairam Ramesh, Minister for Rural Development interviewed by Anil Padmanabhan & Elizabeth Roche
As minister for rural development, Jairam Ramesh oversees the largest spending in the social sector by the government. This includes the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) that was pioneered by the Congress-led United Progressive Alliance in 2006. The minister, an alumnus of the Indian Institute of Technology and the Massachusetts Institute of Technology, is known for his forthrightness. In a typically candid interview to Mint on...
More »Nuclear plant is totally safe, says expert group
-The Hindu The Kudankulam Nuclear Power Plant (KKNPP) is totally safe, asserts the expert group constituted by the Government of India. In a release, A.E. Muthu Nayagam, group convenor, said, “Based on its extensive examination of various issues, there should be no cause for concern about the Safety” of the plant. He pointed out that it was designed and engineered to the state-of-art of nuclear reactors in line with the current international Safety...
More »Food authority backtracks by Savvy Soumya Misra
Says milk adulterated but not unsafe for consumption Six states and a union territory feed their people milk that does not meet the standards set by India’s food regulatory body at all. Jharkhand, Bihar, West Bengal, Odisha, Chhattisgarh, Mizoram and Daman & Diu are the “100 per cent non-conforming” states. In Delhi, 70 per cent of the samples failed the Food Safety and Standards Authority of India (FSSAI) test. Yet, the...
More »Hindu Munnani activists rough up anti-nuke protesters
-The Hindu Talks between Central experts' team and State panel adjourned The much-awaited talks between the Central experts team on Kudankulam Nuclear Power Project and the State panel, scheduled for Tuesday, did not take place after a couple of anti-nuke protestors were roughed up by Hindu Munnani activists on the Collectorate premises here even as they arrived at the venue for talks. The Palayamkottai police have arrested fourteen persons, including Hindu Munnani State...
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