-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...
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Budget 2016: Why the FM needs to spend more on farm sector, and how -Chiranjivi Chakraborty
-The Economic Times NEW DELHI: The crisis in the country's farmland has taken out one of the biggest spenders of the economy from the demand-supply chain - farmers. The agrarian economy employs more than 50 per cent of the workforce and therefore, affects a large number of total consumers in the economy. Its conspicuous absence has resulted in weak aggregate earnings performance by India Inc, especially in the consumer durables, staples and auto...
More »Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »It doesn’t trickle down -Martin Ravallion
-The Indian Express Processes of knowledge diffusion reinforce inequalities. We need explicit pro-poor targeting of efforts There is much enthusiasm today for efforts to improve access to information about poor people’s rights and entitlements. In a much-debated recent example, Facebook’s “Free Basics” platform aimed to provide free access to a selected slice of the internet (including, of course, Facebook). In arguing for Free Basics, Mark Zuckerberg said that “everyone… deserves access to...
More »Lesser proportion of infants & children dying, says Census office
It brings unbearable agony and distress to parents, when a new born child or a young one dies in the family. Fortunately, the latest available data shows that the proportion of infant deaths (less than 1 year of age) in total deaths has fallen between 2004-06 and 2010-13. A similar declining trend could be observed in the proportion of under-5 deaths (less than 5 years of age). The leading causes of...
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