-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
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Labour Ministry to trim cos' EPFO coverage threshold to 10 workers
-PTI At present, it is mandatory for firms with 20 or more workers to subscribe to social security schemes New Delhi: In a bid to provide social security to additional 50 lakh workers under retirement fund body EPFO, the Labour Ministry has decided to halve the threshold for coverage of firms to 10 workers through an executive order. At present, it is mandatory under the Employees' Provident Fund and Miscellaneous Provisions Act for...
More »We need more state accountability -Osama Manzar
-Livemint.com Accountability Yatra aims to cover all 33 districts of Rajasthan in 100 days, and to mobilize people join in and put pressure on the state government to bring in an accountability law Santosh Devi and Raju Devi of Raniwara in Jalore district of Rajasthan are from the Bhil tribal community. They are widows of the same man and live with their grandchild. Earnings are meagre here—every time the postman brought pension...
More »Govt mulls universal health insurance -Dilasha Seth
-Business Standard The government is holding talks with states providing cashless health insurance, such as Karnataka, Tamil Nadu and Gujarat After providing life cover and accident cover, the government is now working on a universal health insurance plan. To begin with, it will provide a seamless solution to the existing cashless health schemes in states by integrating those with the Centre's direct benefits transfer (DBT) platform. Later, these would be scaled up. "Encouraged...
More »Rs. 1.4 lakh crore cess money lies idle -TCA Sharad Raghavan
-The Hindu The funds collected can be used only for the designated purpose and cannot be diverted More than Rs. 1.4 lakh crore of funds collected by the government under various cesses for purposes as varied as higher education, road development and the welfare of construction workers are lying unutilised, shows an analysis by The Hindu of a Comptroller and Auditor-General report on government finances and answers by Ministers in the Lok...
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