News for 'New Pension System'

Greece seeks new EU loan deal in race to avert collapse

Greece seeks new EU loan deal in race to avert collapse

Rediff.com9 Jul 2015

Deadline to submit convincing reform plans is this week.

How will India's poor cope with this crisis?

How will India's poor cope with this crisis?

Rediff.com8 Apr 2020

'Unless the State is a welfare State, unless the State has more welfare measures, it will not be able to deal with these kind of sudden situations.'

Sitharaman likely to focus on poor, farm sector next

Sitharaman likely to focus on poor, farm sector next

Rediff.com14 May 2020

Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.

Aadhaar will identify genuine beneficiaries of schemes: Centre to SC

Aadhaar will identify genuine beneficiaries of schemes: Centre to SC

Rediff.com22 Mar 2018

The Centre also referred to various international economic reports and surveys to emphasise on the need for Aadhaar.

Mr Modi, please heed loss of morale in armed forces

Mr Modi, please heed loss of morale in armed forces

Rediff.com21 Apr 2017

'The non-implementation of the Seventh Pay Commission, almost a year after it was implemented for civilians, is gradually beginning to hurt morale in the armed forces,' says Brigadier Gurmeet Kanwal (retd).

Why West Bengal is lagging behind other states

Why West Bengal is lagging behind other states

Rediff.com24 Dec 2014

West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

Postal staff threaten indefinite strike

Postal staff threaten indefinite strike

Rediff.com29 Mar 2011

The union has been demanding appointment of staffs, implementation of proper pension scheme, opposing the idea of one delivery point and one post office system of the government, Union general secretary M Krishnan told reporters in New Delhi on Tuesday.

How to get out of the Great Indian Slump

How to get out of the Great Indian Slump

Rediff.com6 Nov 2019

'Should the most important part of economic reform not comprise the way we look at the fiscal deficit?', asks T C A Srinivasa Raghavan.

President lists Modi 2.0's strategy to boost growth

President lists Modi 2.0's strategy to boost growth

Rediff.com20 Jun 2019

Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.

'Expect K-shaped, not V-shaped, recovery'

'Expect K-shaped, not V-shaped, recovery'

Rediff.com16 Feb 2021

'This is happening regardless of the Budget.'

Will Indian Railways be privatised?

Will Indian Railways be privatised?

Rediff.com31 Dec 2019

Railways to hive off all production units and workshops into new govt-owned company; may invite bids from private players to run passenger trains in next 15 days, with ownership vesting with the government.

After OROP, another demand taking shape within armed forces

After OROP, another demand taking shape within armed forces

Rediff.com15 Sep 2015

The military will now demand further pay and promotion parity with civilians

How vulnerable are bank ATMs?

How vulnerable are bank ATMs?

Rediff.com10 Jan 2020

The war between hackers and banks over ATM security will be dynamically redefined, notes Atanu Biswas.

Defence salary bill leaves less for new weapons

Defence salary bill leaves less for new weapons

Rediff.com8 Jul 2019

Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.

We must have just 2 rates of income tax

We must have just 2 rates of income tax

Rediff.com3 Dec 2020

10 per cent for those who earn up to Rs 30 lakh a year and 25 per cent for those who earn more, suggests T C A Srinivasa-Raghavan.

India's GDP projections by World Bank, IMF too optimistic: Subramanian

India's GDP projections by World Bank, IMF too optimistic: Subramanian

Rediff.com15 Apr 2020

Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.

1.57 bn accounts but are Indians saving in banks?

1.57 bn accounts but are Indians saving in banks?

Rediff.com26 Apr 2018

Now, 83 per cent males and 77 per cent females have formal bank accounts but they are hardly using them

BJP vs Congress: How their manifestos compare

BJP vs Congress: How their manifestos compare

Rediff.com8 Apr 2019

Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.

The perfect portfolio for loss-proof investing

The perfect portfolio for loss-proof investing

Rediff.com25 Jun 2009

Functional asset allocation recognises that there are three basic asset allocation categories.

Retirees could bear brunt of Detroit bankruptcy

Retirees could bear brunt of Detroit bankruptcy

Rediff.com20 Jul 2013

Retirees and labour officials acknowledged that the city's finances were in a shambles and they would have to share in the sacrifice to help Detroit recover.

Modi's China blunder

Modi's China blunder

Rediff.com27 Nov 2020

Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.

Railways' modernisation gets a big boost

Railways' modernisation gets a big boost

Rediff.com26 Jun 2015

Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.

Tax sops: How much can you actually save?

Tax sops: How much can you actually save?

Rediff.com1 Mar 2015

The govt has incentivised the worst of investment products.

How small banks will boost financial literacy

How small banks will boost financial literacy

Rediff.com22 Sep 2015

Even today, many MFIs already distribute pension and micro insurance products to low-income households.

Aadhaar and starvation deaths

Aadhaar and starvation deaths

Rediff.com26 Sep 2018

'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.

India to overtake Japan to become 3rd largest economy by 2025

India to overtake Japan to become 3rd largest economy by 2025

Rediff.com12 Jul 2019

The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.

Govt amends anomaly, all CAPF personnel to now retire at 60 yrs

Govt amends anomaly, all CAPF personnel to now retire at 60 yrs

Rediff.com19 Aug 2019

Officers from the rank of Deputy Inspector General (DIG) up to the top-most rank of Director General (DG) in these four forces retired after attaining the age of 60.

Rural phone banking: Good idea?

Rural phone banking: Good idea?

Rediff.com29 Mar 2008

The NFC-phone-cum-scanner is simpler since fingerprints are used to verify identity. For a typical village, the cost would drop from Rs 1.5-1.7 lakh (Rs 1,50,000-Rs 1,70,000) to Rs 20,000. What of the transaction costs? Right now, the government gives banks 2 per cent of the amounts being transferred as commission, and the bank shares this with its business correspondents.

Govt may link food subsidy with Aadhaar

Govt may link food subsidy with Aadhaar

Rediff.com29 Jul 2014

In other welfare schemes, such as those for cooking gas, pension and scholarships, which are linked to DBT, cash is transferred directly into the bank accounts of beneficiaries.

No solution to OROP row, veterans seek president's intervention

No solution to OROP row, veterans seek president's intervention

Rediff.com29 Aug 2015

Havildar Abhilash Singh (retired) has been taken to hospital. He was on relay hunger strike.

8 months after judges' dissent, Chief Justice Dipak Misra breaks silence

8 months after judges' dissent, Chief Justice Dipak Misra breaks silence

Rediff.com15 Aug 2018

It is easy to criticise but difficult to transform an institution, says CJI Misra

Aadhaar must to avoid fake PAN cards: Centre to SC

Aadhaar must to avoid fake PAN cards: Centre to SC

Rediff.com2 May 2017

The AG said that due to Aadhaar, government has saved over Rs 50,000 crore on the schemes to benefit the poor as well as the pension schemes.

Rahul's 'Hum Do Hamare Do' won't hurt Modi

Rahul's 'Hum Do Hamare Do' won't hurt Modi

Rediff.com16 Feb 2021

It's time Rahul Gandhi became attuned to the reality of the 21st century instead of recycling failed political jargon of the 20th century,' argues Virendra Kapoor.

'Our enemy is not Pakistan or China; it is our babus'

'Our enemy is not Pakistan or China; it is our babus'

Rediff.com10 Sep 2015

'There were tears in my eyes when I parted with my medals. I thought was it for this moment did I become a soldier?' In 2008, Captain H Balakrishnan (retd) of the Indian Navy returned all his medals to the President of India to protest the government's failure to implement the One Rank One Pension scheme.

Worried about LTCG tax on your MF investments?

Worried about LTCG tax on your MF investments?

Rediff.com31 May 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Rs 201 per day? Rs 277? How much welfare do Indians need?

Rs 201 per day? Rs 277? How much welfare do Indians need?

Rediff.com31 Jul 2017

Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.

Why the middle class is upset with Budget 2018

Why the middle class is upset with Budget 2018

Rediff.com1 Feb 2018

Jaitley's fifth Budget has provided little relief to the middle class.

Transforming Indian Railways? Minister spells out 5-point strategy

Transforming Indian Railways? Minister spells out 5-point strategy

Rediff.com26 Feb 2015

The minister plans to reinstate the Railways as the backbone of the economy

4 retirement mistakes you must avoid

4 retirement mistakes you must avoid

Rediff.com16 Sep 2016

Else, repent when you reach your golden years