By stopping social security pensions, the Karnataka government has put the lives of over 10 lakh poor in peril. Naveen Basavaraj Kuntoji is nine years old and suffers from cerebral palsy. His movements are greatly restricted, and it looks like he is in great pain every time he valiantly wills his body to do something. When he is hungry, he slowly lifts his hand and points to his mouth. When this...

In a Bangladeshi folk story, a disabled grandfather is carried by his son in a basket, to be abandoned in the forest. On seeing this, the grandson calls out, 'Father, please be sure to bring back the basket. I will need it when you grow old'. Three thousand ageing men and women gathered in Delhi in the blazing midsummer heat to demand a universal pension for all aged people, not...

-The Hindu Jairam to write to Prime Minister seeking more coverage The demand for universal pension for elderly persons got a fillip with President Pratibha Patil on Thursday extending her support and Union Minister for Rural Development Jairam Ramesh deciding to write to Prime Minister Manmohan Singh to restructure the pension scheme to cover more beneficiaries. Ms. Patil made a personal contribution of Rs. 15,000 to the Pension Parishad which is staging a...

-The Hindu Demands for a universal pension scheme got bolstered with a large number of underprivileged people including farmers, domestic workers, single women, disabled persons, sex workers and trans-genders from more than 20 States beginning a five-day dharna at Jantar Mantar here on Monday. The campaign for universalisation of Rs.2,000 as monthly pension for every elderly above 60 years in age and does not come under the tax slab is being spearheaded...

One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...