-Newsclick.in In an open letter addressed to Nirmala Sitharaman, 51 eminent economists have flagged less contribution to NOAPS and the lack of action on ensuring maternity benefits. Several prominent economists have proposed to the Union finance ministry to increase social security pensions and make adequate provisions for maternity benefits in the 2023-24 Union Budget. In an open letter addressed to Union finance minister (FM) Nirmala Sitharaman, 51 eminent economists—including Abhijeet Singh (Stockholm School...
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Bring back old pension scheme, Central government employees write to Cabinet Secretary -Vijaita Singh
-The Telegraph The National Pension System is a disaster for retiring employees, says an apex body of various government unions; pension under existing scheme just 15% of that under earlier one A federation of Central government employees’ unions has written to the Cabinet Secretary to restore the Old Pension Scheme (OPS), stating that the National Pension System (NPS) is a disaster for retiring employees in their old age. The federation said a Defence...
More »The future of old times in India -Jean Drèze and Esther Duflo
-The Hindu Near-universal social security pensions would be a good start to a radical expansion of public support for the elderly Life expectancy in India has more than doubled since Independence — from around 32 years in the late 1940s to 70 years or so today. Many countries have done even better, but this is still a historical achievement. Over the same period, the fertility rate has crashed from about six children...
More »Tamil Nadu: People above 80 may get higher old-age pension under new govt policy -C Shivakumar
-The New Indian Express Currently, all those who are above 60 years of age and fulfill the economic criteria stipulated by the government are eligible for a monthly pension of Rs 1,000 in the State. CHENNAI: Tamil Nadu government may soon tweak the old-age pension scheme offered for senior citizens by introducing an age-based differential pension scheme for people in the 60-70, 70-80, and 80+ age groups. According to the new Senior Citizen...
More »Around 12 Crore Persons 60+ Years Old; 85% Not Covered by Pension -Pulkit Sharma |
-Newsclick.in After BJP came to power in 2014, there has been no change in the coverage or amount disbursed under various pension schemes; inflation too not taken into account. New Delhi: There has been no change in the scope and amount of National Pension Schemes since the Bharatiya Janata Party (BJP) came to power in 2014. According to the data released by the National Social Assistance Programme of the Ministry of Rural...
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