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Crop insurance under a cloud

-The Tribune Need to readjust premium to favour farmers Insurance firms, both in the public and private sectors, have reportedly made a killing by offering crop insurance to farmers in about two dozen states. The Tribune reported abnormal gains by a dozen insurance firms through the Pradhan Mantri Fasal Bima Yojna (PMFBY). Insurers reportedly received a gross premium of Rs 22,362 crore under the scheme in 2016-17 and saved huge sums even...

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Is crop insurance scheme losing steam? -Ashok Kumar

-The Hindu Of the 84 lakh farmers who withdrew, 68.31 lakh are from the four BJP-ruled States: reply to RTI Gurugram: More than 84 lakh farmers, which is around 15% of the total farmers insured in the first year of the Union government’s ambitious Pradhan Mantri Fasal Bima Yojana in 2016-17, withdrew themselves from the scheme in 2017-18, a reply to an RTI application has revealed. It includes 68.31 lakh farmers from the...

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More firms battling squeeze in Profit margins, finds IIM-A survey

-The Hindu Business Line BIES for Sept 2018 points at more proportion of companies facing ‘much less than normal profits’ Ahmedabad: The manufacturing sector seems to be going through a troubled time as more companies have indicated a ‘much less than normal’ Profit margin, according to a survey by the Indian Institute of Management, Ahmedabad (IIM-A). The latest Business Inflation Expectations Survey (BIES) for the month of September 2018, revealed that 45 per...

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Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)

-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...

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Farm fires set to pollute NCR again

-The Times of India In the next few days, India’s northern region, especially Delhi, is again likely to become among the most polluted places on earth because a vast number of farmers in Punjab and Haryana have decided to continue their annual ritual of setting fire to paddy straw. This has brought back the spectre of smog choking the region despite the Centre doling out more than Rs 1,000 crore to the...

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