-The Indian Express All the extra money that you spent on installing CFL lights in your homes, in buying new LED television sets, and on five-staR Rated air-conditioners and refrigerators instead of three-star ones, have proved to be worthwhile, having resulted in huge energy savings for India in the last decade. Between 2000 and 2011, a total of 791 million tonnes of oil equivalent energy was saved, thanks to measures like...
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For Jan Dhan, banks to lend Rs 1.65 lakh cr via overdraft -George Mathew
-The Indian Express The government is aiming to lend Rs 165,000 crore to the poor and unbanked population through the overdraft facility at an interest rate of 11 per cent under its ongoing Jan Dhan financial inclusion programme. "It is estimated that there are 18.2 crore basic banking accounts and. by the end of the campaign another 15 crore accounts would get added. An overdraft of Rs 5,000 in each of these...
More »How to improve the welfare state -Ajay Chhibber
-The Business Standard Make schemes mobile and portable, by focusing on people and not products India spends close to four per cent of its GDP on an alphabet soup of welfare schemes and subsidies - it has become a welfare state before becoming a developed state. Despite its significant costs, India's welfare system is neither comprehensive nor very effective - subject to huge leakages and corruption, and not well knit into...
More »Government announces ‘Deen Dayal Upadhyaya Antyodaya Yojana’- DAY for uplift of urban, rural poor
-Press Information Bureau/ Ministry of Housing and Urban Poverty Alleviation The Government today announced an overarching scheme for uplift of urban and rural poor through enhancement of livelihood opportunities through skill development and other means. The scheme has been named as ‘Deen Dayal Antyodaya Yojana - DAY'. The announcement was made today by Shri M.Venkaiah Naidu, Minister of Housing & Urban Poverty Alleviation and Shri Nitin Gadkari, Minister of Rural Development...
More »Gender pay gap decreases, but working conditions worsen -Dipti Jain
-Live Mint Roughly seven out of every 10 Indian workers have no paid leave, no written contract and no eligibility for social security Indian women might still be earning lower wages compared to men, but the gender gap in wages is fast decreasing. The average wage rate for women is now one-fifth lower than men's compared to a gap of 29.2% in 2004-05, shows data from the National Sample Survey Office (NSSO)....
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