-CNN-IBN More than 3000 working poor are right now agitating at Jantar Mantar, New Delhi, under the banner of Pension Parishad as the curtains are up on the 'right to pension' campaign. Spearheaded by Aruna Roy, the Mazdoor Kisan Shakti Sangathan leader and member of the National Advisory Council (NAC), the campaign seeks universalisation of a minimum pension of Rs 2000 per person per month for all elderly citizens of...
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How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra
Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....
More »Old age blues-Sreelatha Menon
-The Business Standard After food, education and information, pension is being sought as a fundamental right Old age should be cushioned with an assurance of minimum necessities in the form of pension. But, for a majority in India, there is either nothing or very little. Recently, Labour Minister Mallikarjun Kharge said in Parliament that 83 per cent of the 55 million beneficiaries of the Employees’ Pension Scheme (EPS) get a pension...
More »Only 8% Indians are positive about their jobs-Shuchi Bansal
Jim Clifton, chairman and chief executive officer of US research and consulting services company Gallup Inc., says he does not understand art, golf or sailing. He only understands polls as he grew up in Nebraska interviewing farmers and ranchers for his client Cargill. Clifton acquired privately owned Gallup in 1988 and merged it with his own poll company that he started at 18. Today, Gallup is known for its presidential...
More »Asia's increasing rich-poor divide undermining growth, stability - ADB report
-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...
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