-The Economist UNDER a thatched roof, lit by a full, yellow moon, Shiv Kumari explains how she and her five children survive. She is a widow, 30 years old, living in a home made of packed mud. She works the nearby fields, draws a small pension, some food rations and gets a few days of paid labour each month from a rural make-work scheme. Semra village, made up of 70 households, most...
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Cost & equity counter-arguments on pensions
-The Business Standard The conflict between a universal and a targeted approach to social welfare which has held back the proposed food security law is now emerging in the ongoing movement for a universal pension. While economist Jean Dreze, who has been demanding universal old age pensions as part of a platform called Pension Parishad, has called for abolition of the Below Poverty Line (BPL) targeting system in all Pension schemes, calling...
More »Akhilesh scraps 26 of Maya’s dalit projects, funds diverted to fulfill poll promises
-The Times of India The UP government on Friday scrapped former CM Mayawati's projects for Dalits and those named after their icons. The money allocated for such projects would be diverted to fulfill poll promises like Rs 1,000 monthly allowance for unemployed youth, pension to farmers above 65 besides laptops and PC tablets for students. Sources said the attempt was to ensure that welfare schemes benefit every section of the society and not...
More »MORE EVIDENCE ON THE NEED FOR OLD-AGE PENSION
Just in case our friends in the media were looking for more evidence, a new ILO report clinches the connection between old age pension and a country’s well being. The ILO report “World Social Security Report 2010/11: Providing coverage in times of crisis and beyond” puts India’s social security coverage in perspective of its peers. (the report can be accessed at http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/---publ/documents/publication/wcms_146566.pdf. India is not only nearly at the bottom...
More »Pratibha backs demand for expanding old age Pension scheme
-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...
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