-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...
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Migrant workers vulnerable again, say activists -Damini Nath
-The Hindu A year after lakhs of workers made their way back to their home States after the nationwide lockdown was announced in March 2020, their condition has not changed much. With State governments announcing lockdowns and curfews in the wake of rising COVID-19 cases, migrant workers could once again be staring at loss of wages and lack of social protections, labour union leaders and activists said on Thursday. A year after lakhs...
More »Covid-19 has pushed half of India’s poor away from nutritious food: report -PARThasarathi Biswas
-The Indian Express The lack of a social safety net resulted in misery for workers, many of whom were suddenly left without means of transport. Women were at the receiving end of the restrictions with the report pointing out how 50 per cent of households surveyed reported that women were spending more time in cooking or fetching firewood than before. The outbreak of the Covid-19 pandemic and the restrictions that followed has...
More »India reports nearly 2 lakh fresh COVID-19 cases, over 1000 deaths on April 14, 2021
-The Hindu Maharashtra, Delhi, Chhattisgarh and Gujarat saw the most fatalities India registered 1,99,376 new COVID-19 cases on April 14. As many as 1,037 deaths were also recorded on the day as of data updated at 12.24 a.m. IST on April 15. The figures do not include cases and deaths from Ladakh. The data is sourced from covid19india.org, an independent aggregator of daily COVID-19 figures. Over 14.11 lakh tests were conducted on April 13....
More »Wait for final rites get longer as crematoriums across Gujarat overburdened - Aditi Raja, Kamal Saiyed, Gopal B Kateshiya and Ritu Sharma
-The Indian Express For the relatives of deceased patients, queues begin from the wait at hospitals for their dear one's body, for hearse vans to take them to the resting place, to finding a furnace free at a crematorium -- the time for each disposal/cremation has increased because of the Covid-19 protocol. Ahmedabad, Rajkot, Surat, Vadodara: Donning a PPE suit Chirag Patel waited at the Vadaj crematorium in Ahmedabad for his turn...
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