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Income taxpayers can't join Atal Pension Yojana from Oct 1: Govt -Nikunj Ohri

-Business Standard Social security scheme should reach the poor and underprivileged, says official The Centre will bar income taxpayers from availing themselves of the Atal Pension Yojana (APY) from October 1 this year to ensure that the scheme’s benefits reach the poor and underprivileged. Atal Pension Yojana, launched in 2015, is a social security scheme for citizens aged 18 to 40. Subscribers, based on their contributions, get a guaranteed monthly pension of Rs...

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Macrovariable projections in uncertain times -Arun Kumar

-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...

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Launch a national tribal health mission -Abhay Bang

-The Hindu It can be the path to a peaceful health revolution for the 11 crore tribal people in India For the first time since independence, a tribal President has become a reality in India. This is a very positive signal given to the tribal people by the Narendra Modi government. On this International Day of the World’s Indigenous Peoples, let us explore how this symbolic gesture can be turned into a...

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Sowing a crisis (Editorial)

-The Hindu Business Line The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as...

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IMF paints a gloomy growth picture -PARTha Ray and PARThapratim Pal

-The Hindu Business Line Nations must rely more on innovative, home-grown solutions to deal with the uncertain economic situation The International Monetary Fund (IMF), in its latest July 2022 World Economic Outlook (WEO) Update, foretells a story of a gloomy and more uncertain outlook for the global economy. While the global growth was projected at 3.6 per cent in April 2022, as per the latest July 2022 projections, it is 3.2 per...

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