When it comes to planning for retirement, long-term consistency matters more than short-term intensity. The National Pension System (NPS) is designed to reward discipline...
UPS seems more fiscally prudent than Old Pension Scheme, but reverses New Pension System’s equitable coverage. More spending on pension may limit space for spending on productive avenues.
The Short Service Commissioned officers are demanding pension and contributory provident funds rights. The plea also questions disparity with Permanent Commissioned officers.
Congress leader P Chidambaram says 'OPS very much on our minds', but adds it would be 'premature' to take a stand before report by govt committee reviewing NPS & demand for OPS is released.
The Congress has made the return of OPS a poll plank in six assembly elections. But Chakravarty says the party ‘can’t engage in competitive promises & hope that's enough to win’.
The former RBI governor batted for direct cash transfers to citizens, but said these become a problem if the transfers are untargeted and competitive before polls.
In 122-pg report tabled in Rajya Sabha, Comptroller and Auditor General showed other gaps in disbursal & recommended 'specific measures for cleaning/weeding out ineligible beneficiaries'.
The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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