The government's ambitious economic census to create a comprehensive database of the economic profile of India's households and businesses has been pushed back again because of lack of personnel. The census department is right now busy with the survey to enumerate people below poverty line and feels a simultaneous economic survey will stretch its resources undermining the data quality. "There has been a decision taken to delay the economic census as conducting...
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NAC, govt review social security plan for unorganized sector by Remya Nair & Anuja
In an indication that the ruling Congress may be looking to evolve a comprehensive social security package ahead of the next general election, the Sonia Gandhi-led National Advisory Council (NAC) has started a consultative process with four central government ministries aimed at linking existing and new schemes for the huge unorganized sector. The plan, according to an NAC member, is to issue one entitlement card to every worker in the unorganized...
More »An open shame
-The Business Standard Moving forward on sanitation will require big ideas National shame” is how most people, including some senior government functionaries, often refer to the pervasive practice of open defecation. Yet, the Total Sanitation Campaign (TSC), launched in 1991 with the noble objective of providing access to hygienic toilets for all by 2012, receives only scant attention from the government. The latest assessment indicates that as many as 22 states will...
More »MGNREGA creating dearth of farm labour
-The Business Standard Implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a flagship programme of the Central government to alleviate poverty, has resulted in an increase of up to 20 per cent in the cost of farm production in Karnataka. It has also created a shortage of labour in the agriculture sector in the state. According to a study conducted by the Bangalore-based Institute for Social and Economic Change...
More »Rainy Days by Arti Sharma
Central pension plan NPS finally gets a boost The ‘New’ NPS Measure: Improve incentives for distributors. Has been recently implemented. Impact: Was required. But won’t be enough, need consumer education to build volumes. Proposal: Increase fund management fees with an option to lower later. Impact: Under consideration. But finance ministry unhappy with increase in costs. Proposal: Relax the norms to appoint more fund managers to increase distribution. Impact: Unlikely. At...
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