A panel headed by the PM's chief economic advisor C Rangarajan has recommended exporting 2 million tonnes (mt) of wheat at a subsidy of Rs 1,500 crore through government channels and another 1 mt through private traders at a subsidy of Rs 150 crore. Warning that just exports would not be enough to manage the overflowing godowns and could cause political problems, the panel has also recommended distribution of 8 mt...

-The Business Standard The conflict between a universal and a targeted approach to social welfare which has held back the proposed food security law is now emerging in the ongoing movement for a universal pension. While economist Jean Dreze, who has been demanding universal old age pensions as part of a platform called Pension Parishad, has called for abolition of the Below Poverty Line (BPL) targeting system in all pension schemes, calling...

-The Hindu Jairam to write to Prime Minister seeking more coverage The demand for universal pension for elderly persons got a fillip with President Pratibha Patil on Thursday extending her support and Union Minister for Rural Development Jairam Ramesh deciding to write to Prime Minister Manmohan Singh to restructure the pension scheme to cover more beneficiaries. Ms. Patil made a personal contribution of Rs. 15,000 to the Pension Parishad which is staging a...

With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...

-The Hindu Demands for a universal pension scheme got bolstered with a large number of underprivileged people including farmers, domestic workers, single women, disabled persons, sex workers and trans-genders from more than 20 States beginning a five-day dharna at Jantar Mantar here on Monday. The campaign for universalisation of Rs.2,000 as monthly pension for every elderly above 60 years in age and does not come under the tax slab is being spearheaded...