Today, we would discuss 3 major policy news: New Industrial Cities, Unified Pension Scheme and the wait for Census in India, along with 2 reflections and an exciting book recommendation. Let's start!
Thoughts on the NPS and UPS: Though they play an important role in job security for government employees, hasn't the introduction of EPF and EPS not completely solved an important aspect of this problem?
Government Employees are part of government bodies, so it's valid for the government to pay them for those aspects, whereas private entities do this for their employees.
However many unorganized sectors need to be looked upon in this aspect.
It's really a phenomenal start of the most important governance instruments termed as 'policy'.
This maiden newsletter is really appealing in terms of its outreach & touching upon three breakthrough policy issue/challenges
1) Being a former Smart City Fellow, & witnessing growth of 100 smart cities across our motherland, now this acceleration stage as we as a nation moving from smartness to industrialization of our selected cities. This will create bunch of avenues for growth, job creation, bringing these sites into manufacturing and production channel with globalised competitive.
2) Kind of fascination towards Govt jobs /sector - & definitely PENSION is one of the attractive feature & reliable support attached with the government profession particularly in old ages,for the staff & their dependent. -now this is the welfaristic side of UPS
Just think in terms of economy how much it cost to State Expenditure- over the years, whether we as a nation have year-wise stats for that, decadal stats, department or budget -head wise proper data....
Third - whether we have any third approach to balance both welfare & liability on State Consolidated Fund, can equity market play a role in this- say while working a govt employee deposit her/his certain portion on monthly base and then that money can be invested in safe equity market.
And third theme is the demand of the time - being a policy learner & realist would agree with situational context of unavoidable delays in Census by the Registrar General of India- be it devastating COVID...but 2021 has now 2024 and we are inching towards 2025- and almost all of our welfare scheme be it Central Sector Schemes, Centrally Sponsored Scheme, State Governments Scheme are having their circumstance defined around demographic data, even what we as a nation are shifting towards Data-driven decision making, be it issue of reservation, be it issue of delimitation of Constituency, increasing representation seats in Union Parliament...all revolve around Census 2021 (which is pending )
It's a balanced newsletter with creating positive hopes for each and every policy practitioner, student, leaders , academia & we the people of largest democracy and populist democracy
Thoughts on the NPS and UPS: Though they play an important role in job security for government employees, hasn't the introduction of EPF and EPS not completely solved an important aspect of this problem?
Government Employees are part of government bodies, so it's valid for the government to pay them for those aspects, whereas private entities do this for their employees.
However many unorganized sectors need to be looked upon in this aspect.
Nice initiative.
I subscribed and commented.
Skilled manpower is a must for industrial growth. Our education system has to be geared to skilling and vocational training.
2. Higher pension payout is certainly unfair. Small holding farmers need a Pension, crop insurance.
3. Let's use technology for census. We have so many ways.
It's really a phenomenal start of the most important governance instruments termed as 'policy'.
This maiden newsletter is really appealing in terms of its outreach & touching upon three breakthrough policy issue/challenges
1) Being a former Smart City Fellow, & witnessing growth of 100 smart cities across our motherland, now this acceleration stage as we as a nation moving from smartness to industrialization of our selected cities. This will create bunch of avenues for growth, job creation, bringing these sites into manufacturing and production channel with globalised competitive.
2) Kind of fascination towards Govt jobs /sector - & definitely PENSION is one of the attractive feature & reliable support attached with the government profession particularly in old ages,for the staff & their dependent. -now this is the welfaristic side of UPS
Just think in terms of economy how much it cost to State Expenditure- over the years, whether we as a nation have year-wise stats for that, decadal stats, department or budget -head wise proper data....
Third - whether we have any third approach to balance both welfare & liability on State Consolidated Fund, can equity market play a role in this- say while working a govt employee deposit her/his certain portion on monthly base and then that money can be invested in safe equity market.
And third theme is the demand of the time - being a policy learner & realist would agree with situational context of unavoidable delays in Census by the Registrar General of India- be it devastating COVID...but 2021 has now 2024 and we are inching towards 2025- and almost all of our welfare scheme be it Central Sector Schemes, Centrally Sponsored Scheme, State Governments Scheme are having their circumstance defined around demographic data, even what we as a nation are shifting towards Data-driven decision making, be it issue of reservation, be it issue of delimitation of Constituency, increasing representation seats in Union Parliament...all revolve around Census 2021 (which is pending )
It's a balanced newsletter with creating positive hopes for each and every policy practitioner, student, leaders , academia & we the people of largest democracy and populist democracy
Best regards
Shonit Nayan