Montek Singh Ahluwalia, the former Deputy Chairman of the Planning Commission, has said that selecting the Old Pension Scheme instead of the New Pension Scheme is a bad idea. He noted that the New Pension Scheme (NPS) is adaptable and can be adjusted to accommodate any issues that may arise. Speaking to news agency ANI, … Read more
The government is reviewing the performance of its think tank Niti Aayog to ascertain whether the agency is meeting its objectives for which it was created six year ago replacing the Planning Commission. Sources said that the review is being undertaken at the behest of the prime minister’s office (PMO) that as there is a … Read more
It is for policymakers to decide whether a ‘fair’ guaranteed income to the top 200,000 farmers of Punjab Haryana — remember, MSP is not subject to market forces and is like a price set by a monopolist — is to place them among the richest earners in India. Synopsis The Punjab farmer has the lowest … Read more
NEW DELHI: The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says rating agency Fitch. In a report released today, Fitch Ratings said the credit risk of power traders has become “riskier” due to profitability and liquidity constraints faced by state power utilities. “If these … Read more