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Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty

-The Telegraph Centre to eat up savings in case of death of subscriber and spouse The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification. Contributory pension schemes usually ensure payments to dependant and unmarried children. However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union...

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Labour Bureau submits report on jobs created by MUDRA loans -Priscilla Jebaraj

-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...

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PM Fasal Bima Yojana is suffering from low coverage since the last 2 years

  The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...

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PM-KISAN to provide multiple benefits to farmers: CEA

-PTI The average income of farmers in FY16 was about Rs. 30,000 and, hence, Rs. 6,000 would be 20 per cent Farm income support scheme PM-KISAN will provide multiple benefits to farmers, including improving their credit worthiness, said Chief Economic Adviser K V Subramanian. The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) was announced in the Interim Budget 2019-20, under which Rs. 6,000 will be given in three instalments to 12 crore small...

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Ayushman stress not on primary health, Amartya Sen notes -Snehamoy Chakraborty

-Scroll.in Money could have been better spent on medical infrastructure, Sen says Santiniketan (West Bengal): Economist Amartya Sen on Friday criticised the Centre’s Ayushman Bharat Yojana, saying it does not fulfil the requirements of primary healthcare and that the money could have been used better by improving medical infrastructure. “If we look at the healthcare system, we will see that there is tremendous neglect towards primary healthcare. The neglect is often not conspicuous...

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