-The Hindu The Union government on Thursday lowered the age limit for the Indira Gandhi National Old Age Pension Scheme (IGNOAP) from 65 to 60 years, and increased pension for those above 80 from Rs. 200 to Rs. 500 a month. Both decisions will have retrospective effect from April 1, 2011. The lowering of age will benefit an additional 72.32 lakh people in the age group 60-64, entailing an additional burden of...
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Free rice distribution may be delayed by Rajesh B Nair
* It requires altering the distribution pattern * Permission from Centre needed for procuring additional quantum Implementation of the government decision to enhance the quantity of rice distributed through Public Distribution System outlets may be delayed as altering the distribution pattern followed by the previous administration and meeting the requirement as announced by Chief Minister N. Rangasamy is an arduous task. Immediately after Mr Rangasamy took charge as the Chief Minister on May...
More »India's welfare programmes are not very good at reaching the poorest of the poor: World Bank by M Rajshekhar
How effective are India's innumerable social security programmes at reaching out to the poorest of the poor? If a recent World Bank report is anything to go by, they are woefully inefficient. According to the report, titled "Social Protection for a Changing India", leakages and exclusion errors are endemic across the country. For instance, just 27% of the PDS . beenficiaries are the poorest of the poor. The World Bank found...
More »Madurai chosen for rural pension scheme
-The Hindu Madurai has been chosen as one among eight districts in the country by National Bank for Agriculture and Rural Development (NABARD) for implementing a micro pension project for the rural poor. As part of the launch preparations, a stakeholders' workshop was held here on Monday. Representatives of State Bank of India (SBI), Indian Bank, Canara Bank, Indian Overseas Bank (IOB), Tamilnad Merchantile Bank (TMB), Union Bank of India (UBI), Pandyan...
More »A Case for Reframing the Cash Transfer Debate in India by Sudha Narayanan
Cash transfers are now suggested by many as a silver bullet for addressing the problems that plague India’s anti-poverty programmes. This article argues instead for evidence-based policy and informed public debate to clarify the place, prospects and problems of cash transfers in India. By drawing on key empirical findings from academic and grey literature across the world an attempt is made to draw attention to three aspects of cash transfers...
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