-The Indian Express Temporary denial of food rations is one thing, cancellation of ration cards is far more serious. How many cards have been cancelled for lack of Aadhaar linkage? No one really knows. The Covid crisis has enhanced the dependence of poor people on social security schemes such as the public distribution system (PDS). Many of them, unfortunately, continue to have difficulties in accessing these schemes due to Aadhaar-related problems. Startling findings...

The National Food Security Act 2013 guarantees maternity benefit to the tune of Rs. 6,000/- per child by the Central Government for pregnant women and lactating mothers, barring those who are already availing such benefits while being in regular employment with the Central Government or State Governments or Public Sector Undertakings or under other laws. The NFSA 2013 also legally guarantees free meals for every pregnant woman and lactating mother...

-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...

-The Hindu Parliamentary Standing Committee on Rural Development slams government laxity in raising amounts. The Centre must increase the “meagre” pensions provided for poor senior citizens, widows and disabled people, said the Parliamentary Standing Committee on Rural Development in its report submitted to the Lok Sabha on Tuesday. The panel also slammed the government’s “laxity in raising the amount, pointing out that recommendations to increase the sums have been made for the...

-The Hindu No plan to merge the EPF with NPS, says Nirmala Sitharaman. Finance Minister Nirmala Sitharaman has said there is no intent to discourage higher income earners from saving with the Employees Provident Fund (EPF) and that she was open to reviewing the contribution limit of ₹2.5 lakh a year for tax-free interest, imposed in the recent Union Budget. Reiterating that the EPF will continue to remain in its present form, the...