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Modi’s opponent has a radical plan to tackle poverty in India

Modi’s opponent has a radical plan to tackle poverty in India

Finance
India heads to the polls starting this week to elect members for the lower house of its Parliament. The outcome, to be announced in May, will determine if Narendra Modi can secure a second term as prime minister. One of the major political opposition groups to Modi's ruling Bharatiya Janata Party has placed its election hopes on an ambitious pitch to alleviate poverty in India. The Indian National Congress revealed details in its election manifesto about a minimum income support program designed to help the country's poorest households — the bottom 20 percent. Theoretically, the idea offers plenty of benefits to India's econo
Time is running out to switch or ditch your Medicare Advantage Plan

Time is running out to switch or ditch your Medicare Advantage Plan

Finance
Don't like your Medicare Advantage Plan? You have a couple weeks left to do something about it. During a window that opened January 1 and will close March 31, enrollees who are unhappy with the choice they made during Medicare's fall open enrollment period have two options: ditch it for original Medicare or switch to a different plan. "Sometimes people just chose the wrong plan," said Danielle Roberts, co-founder of insurance firm Boomer Benefits in Fort Worth, Texas. "Maybe they thought their doctor was in network and then discovered the person wasn't." ...
New family leave plan would require you to delay Social Security benefits

New family leave plan would require you to delay Social Security benefits

Finance
Senate Republicans are pushing a new way for families to access paid leave when they have a child. But in order to take time off, parents must be willing to take their Social Security retirement benefits a little later. Sens. Joni Ernst (R-Iowa) and Mike Lee (R-Utah) unveiled the plan, called the CRADLE Act, on Tuesday. Under terms of the proposal, new parents would be able to take anywhere from one to three months of paid leave, as long as they agreed to postpone the start of their Social Security retirement benefits. It's not the first time paid fam...
Interserve facing crucial vote on rescue plan

Interserve facing crucial vote on rescue plan

Business
Interserve, one of the UK's largest providers of public services, is urging shareholders to back a rescue deal or the firm could face administration.Last month it reached a deal with creditors to prevent its collapse.But if shareholders reject its debt-for-equity-swap plan in a vote this Friday, Interserve's lenders could apply for a pre-pack administration.This would mean the firm avoiding a Carillion-style collapse, but would wipe out existing shareholders. A pre-pack administration enables a company to sell itself, or its assets, before it appoints administrators - who then take over the running of the business to protect creditors. In a pre-pack, the lenders take 100% of the business.Watered-down holdingsInterserve's rescue...