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‘Nearly half of world’s older people do not get pension’

-The Hindu Business Line On the day a ₹ 1,000/month minimum pension scheme was launched in India, an ILO policy paper report said that close to half (48 per cent) of people over pensionable age in the world do not receive a pension. And those who do get a pension, do not receive an adequate amount to cover for their health, and old age-related problems. "As a result, the majority of the...

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Centre to refund LPG cost for mid-day meals -Neetu Chandra Sharma

-India Today Following the withdrawal of a subsidy for LPG cylinders by the Petroleum and Natural Gas Ministry, the Human Resource Development Ministry will soon begin reimbursing Rs.752 crore that was spent on preparing mid-day meals in schools using unsubsidised cylinders. The Finance Ministry's Department of Expenditure had last year given "inprinciple" approval for meeting an additional expenditure of Rs.752 crore to be incurred during 2012-13 for procuring LPG cylinders after the...

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New buildings keep guzzling, small steps at home giant leap for energy saving -Amitabh Sinha

-The Indian Express All the extra money that you spent on installing CFL lights in your homes, in buying new LED television sets, and on five-star rated air-conditioners and refrigerators instead of three-star ones, have proved to be worthwhile, having resulted in huge energy savings for India in the last decade. Between 2000 and 2011, a total of 791 million tonnes of oil equivalent energy was saved, thanks to measures like...

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More hot air at climate summit -Jairam Ramesh

-The Hindu India must recapture its capacity to proactively provide both intellectual and political leadership on climate change The United Nations Climate Summit just concluded in New York. Such a conclave was taking place after a gap of five years. Expectations were low even though public rallies took place before the summit. The usual brave speeches were made but there were no dramatic announcements. U.S. President Barack Obama outlined the country's plans...

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How to improve the welfare state -Ajay Chhibber

-The Business Standard Make schemes mobile and portable, by focusing on people and not products India spends close to four per cent of its GDP on an alphabet soup of welfare schemes and subsidies - it has become a welfare state before becoming a developed state. Despite its significant costs, India's welfare system is neither comprehensive nor very effective - subject to huge leakages and corruption, and not well knit into...

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