-The Hindu Shanti Devi, a 70-year-old widow, spends her days cleaning houses in Okhla to earn a meagre sum as she has not got her government pension for over two years. “I went to the social welfare office. I showed them my passbook, my Aadhaar card, but they just gave me a slip saying my pension has been stopped and told me to approach the local MLA,” she says, pulling a...
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Bihar first state to launch universal old-age pension scheme -Madan Kumar
-The Times of India PATNA: Bihar on Friday became the first state to launch a universal old-age pension scheme in which each person at the age of 60 years and above, irrespective of their financial, family or caste status, will get a sum of Rs 400 per month directly in his/her bank account. In other states, old-age pensions are provided only to the members of either BPL family or SC/ST or widows...
More »Rs.3,000 monthly pension for kirana shopkeepers, traders: All you need to know
-Livemint.com * The new scheme is a part of Prime Minister Narendra Modi's universal social secuity programme * PM Narendra Modi's new pension scheme aims at benefiting over 3 crore traders and shopkeepers The newly-inducted Union Cabinet, in its first meeting, approved a mega pension scheme to provide a minimum assured pension of Rs.3000 per month to all small shopkeepers and retail traders. The new scheme is a part of Prime Minister Narendra Modi's...
More »Resources for Welfare Expenditure -Prabhat Patnaik
-Networkideas.org The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of enjoining upon the state the obligation to provide essential goods and services like food, education, and health, to its citizens, it absolves the State of all such responsibility, once it...
More »The great Budget "Cash for Votes" Scam - and other Cash Transfer Schemes -Jayati Ghosh
-Macroscan.org Jayati Ghosh argues that a combination of universal basic services, universal employment guarantee and Universal Pensions to ensure a minimum income is more workable and desirable rather than cash transfers to individual households. Please click here to access the article. ...
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