The OPS, NPS, UPS Pension Debate
CFA Explainers The Unified Pension Scheme (UPS) launched by the government as its compromise formula is being celebrated by the godi media as the âbest of both worldsâ, i.e. the Old Pension Scheme (OPS)...
Pension is not a bounty or grace, it is the right of every workerÂ
India is ranked 45th in the Pension Grade System of 47 countries. The USA ranked 22nd is a capitalist country but 100% of its population is covered under a pension system. In most countries...
Social Security Budget: A Forgotten Footnote
The government's budgetary allocations and poor implementation of welfare policies paint a concerning picture of oversight and disregard.
Budget 2024: How the Modi Government Has Neglected Social Security Pensions Once Again
There is an urgent need to review the National Social Assistance Programme for it to be effective and meaningful.
The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
Pension and other Social Security â India lags far behind
Our countryâs constitution talks of equality, equal opportunity and social justice. Â But unfortunately, even after 74 years, we lag behind in social security.
More Privatisation, less Accountability- How did the Indian Economy fare last month?
In pursuance of its policy of monetisation of national assets, the government earlier this month approved the setting up of the National Land Monetisation Corporation (NLMC). It would be a government-owned company with the...
Has the SBI become too big to govern?
'The rot within' is the title of an article of Ms. Purnima. S. Tripathi, wrote in the Frontline magazine, in its March 25, 2022 issue. The article further states â 'State Bank of India,...