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India to push for more space in IMF, WB at G-20
Prime Minister Manmohan Singh and leaders of emerging countries like Brazil, China and South Africa are expected to make a big push for more space and a stronger voice in global financial institutions at the G-20 Summit starting in Pittsburgh this Thursday.

Montek pitches for monthly release of inflation data
Planning Commission Deputy Chairman Montek Singh Ahluwalia today pitched for monthly release of inflation data as it is more sensible than the current practice of coming out with weekly figures.

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Voters ID cards as age proof for pensioners over 80 yrs

In a gesture towards pensioners over the age of 80, the government has decided to accept voters" ID cards as age proof for getting the post-retirement benefit. - Very few takers for New Pension Scheme till July 31 - Irda ignores LIC on NPS retailing - NPS subscribers swell to over 5 lakh till June - Tepid response may continue - Pension fund ind welcomes move to exempt NPS Trust from STT - Lower transaction cost, but no tax relief The government had earlier stipulated documents such as pancard, matriculation certificate, passport, CGHS card and driving licence as proof of age for old pensioners. Considering the difficulty in producing any of such documents as proof of age by the pensioners, particularly those living in rural areas, it has been decided that voters" ID card may also be accepted as the proof of date of birth for payment of pension on completion of 80 years, the Ministry of Personnel said in an order. However, pensioners/family pensioners will have to certify that he/she is not a matriculate and also have to give an undertaking that he/she does not posses any of the documents as earlier stipulated.


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