-The Hindu Allocation for existing scheme slashed The Centre has allocated Rs.500 crore for a new pension scheme for workers in the unorganised sector, even while reducing its allocation for an existing pension scheme by Rs.775 crore. The new scheme, to be called the Pradhan Mantri Shram-Yogi Maandhan, will benefit unorganised sector workers who have a monthly income up to Rs.15,000. It will provide them a monthly pension of ?3,000 from the age...
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-The Indian Express Repeated government interventions in official data release run the risk of denting market trust in it The controversy over two top functionaries of the National Statistical Commission (NSC) resigning in protest over the NSSO (National Sample Survey Organisation) withholding its new employment survey adds to a growing list of government interventions in data releases. There is a common theme — the government is seen to take an adversarial...
More »Aadhaar not mandatory for buying insurance: IRDAI
-The Hindu Business Line However, it may be accepted as one of the proof documents if the customer volunteers Hyderabad: The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to refrain from seeking Aadhaar from the proposer or policy holders. In a circular, the insurance regulator said along with Aadhaar, insurers should not mandatorily seek PAN/Form 60 as pART of Know Your Customer (KYC) norms. However, the insurers may accept...
More »PM Kisan Samman Nidhi: Small farmers to get Rs 6000 direct cash transfer, first installment before polls
-The Indian Express Called Pradhan Mantri Kisan Samman Nidhi, the scheme will benefit about 12 crore small and marginal farmers and will come into effect retrospectively from December 1, 2018, and the first instalment will be disbursed before the elections. New Delhi: In a bid to woo the farming community ahead of the Lok Sabha elections, interim Finance Minister Piyush Goyal in his Budget speech on Friday announced a Rs 6,000...
More »Budget allocation for agrarian welfare is utter betrayal to farmers: Kisan Sabha -Pratyaksh Srivastava
-The Indian Express "It was felt that the BJP's defeat in the recent state elections might force it to take some concrete steps in the budget on these issues. Sadly, it hasn't happened and has disappointed farmers again," said Ajit Nawale, Maharashtra general secretary of All India Kisan Sabha (AIKS). New Delhi: Criticising the central government’s cash dole of Rs 6,000 per year to small farmers, the All India Kisan Sabha...
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