Central pension plan NPS finally gets a boost The ‘New’ NPS     Measure: Improve incentives for distributors. Has been recently implemented.     Impact: Was required. But won’t be enough, need consumer education to build volumes.     Proposal: Increase fund management fees with an option to lower later.     Impact: Under consideration. But finance ministry unhappy with increase in costs.     Proposal: Relax the norms to appoint more fund managers to increase distribution.     Impact: Unlikely. At...

-The Hindu   Suggest “necessary preventive” measures to safeguard the interest of workers   Trade union groups on Monday pitched for a worker-oriented Budget for 2012-13 aimed at removing poverty and unemployment and suggested “necessary preventive” measures to safeguard the interests of workers. At their meeting here with Finance Minister Pranab Mukherjee — the second in the series of the customary pre-Budget consultations — representatives of trade unions (TUs) proposed that wages of contract labour...

With its politically crucial food security agenda facing time-consuming scrutiny by a parliamentary panel, the government is considering the option of rolling out key elements of the programme through an executive decision that can be later subsumed by an act of Parliament. Concerned the bill that negotiated divides within the government and involved discussions with the Sonia Gandhi-headed National Advisory Council might be delayed till later this year, the Centre could...

-The Times of India   Deputy commissioner Pooja Singhal on Friday handed over a cheque for Rs 25,000 to Kabutri Kuarn, the widow of anMGNREGA job card holder from Hotai village under Panki block, Jaggu Bhuiyan (45), who was found hanging from a tree on January 7 in the village. Singhal also made a fixed deposit of Rs 50,000 in her and her sons' names for a period of three years in a...

Single-premium plan likely to be only for women initially; Centre, states to share premium for economically weaker sections. Customers may soon get health, insurance and pension covers, as well as a scholarship for their daughter’s school education under one policy. The single-premium policy, which the finance ministry is considering, is likely to be available only for women in the first phase. The premium will be shared by the Centre and the state...