-Live Mint Economic transformation calls into question whether family-based support will continue over the next century Many of India’s growing elderly population face serious financial challenges. It is imperative that India institute a long-term strategy to strengthen the economic security of the elderly. While steps have been taken to provide pension security for some citizens, India still has a very long way to go to prepare for the future. As a very...
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Interim Budget 2014-15: Highlights
-Outlook Following are the highlights of interim budget 2014-15: Income Tax Rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...
More »'Bihar grew at 12% last 7 years' -Abhay Singh
-The Times of India PATNA: Bihar's average annual growth rate has been 12% in the last seven fiscal years, one of the highest among all Indian states, on the back of high growth rate achieved in the agriculture and allied sectors. Besides, advancement has also been made in healthcare and education. The state's Economic Survey Report for 2013-14, which was tabled in the assembly on Friday, has concluded this. The summary of...
More »Unkept promise -TK Rajalakshmi
-Frontline The tussle within some Central government Ministries over proposed cuts in the budget for rural development schemes has affected a promise made to senior citizens. THEIR wizened faces said it all. Though there was disappointment, there was also a glimmer of hope that their trek to the national capital would not go in vain. For almost a month, senior citizens, most of them poor, had been pouring into New Delhi from...
More »ILO warns of jobless recovery
-AFP ILO says by 2018, about 215 million people worldwide are expected to be unemployed Geneva: Global unemployment climbed by five million people in 2013 to 202 million despite green shoots in the world economy, signalling a jobless recovery, the International Labour Organisation (ILO) said on Monday. Business activity is picking up but the misery of unemployment continues to pile up. "We continue to be on an upward trajectory in terms of unemployment in...
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