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Private insurers set to make Rs 3000 crore profit from crop cover, PSUs in loss -George Mathew

-The Indian Express According to the annual report of the Insurance Regulatory and Development Authority of India (IRDAI), as much as Rs 11,905.89 crore was collected by 11 private sector insurers as premium, but they faced insurance claims of only Rs 8,831.78 crore. Mumbai: ELEVEN private insurers are set to register profits of over Rs 3,000 crore cumulatively from crop insurance business for the year-ending March 2018 as against the Rs...

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The coast is unclear: on the 2018 CRZ notification -Kanchi Kohli & Manju Menon

-The Hindu The Coastal Regulation Zone notification of 2018 increases the vulnerability of coastal people to climate disasters The National Democratic Alliance government has unleashed several extremely unimaginative developmental policies that target areas that have retained some degree of ecological value to turn them into sites for industrial production. This is despite evidence of the damaging effects of such policies. The latest instance of this is the Coastal Regulation Zone (CRZ) notification...

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Govt should read warning signs and put passage of Citizenship Amendment Bill on hold -Sanjoy Hazarika

-The Economic Times The Citizenship (Amendment) Bill, passed earlier this month in the Lok Sabha, has created a furore across Assam and other states across India. In Assam, a key coalition partner of the ruling BJP, Asom Gana Parishad (AGP), quit the state government, accusing the Centre of being anti-Assam. Anti-Delhi rage is not new, whether for AGP or other regional parties in Assam. It’s been part of the political landscape from...

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Farm Loan Waivers and Corporate Defaulters are Two Sides of the Same Coin -Seshadri Kumar

-TheWire.in Why is Rs 1.84 lakh crore a "frightening challenge" for banks, but Rs 10.17 lakh crores not? The great farm loan waiver debate is back. The Congress kicked it off this time with the announcement of waivers in the newly-elected governments of Chhattisgarh, Madhya Pradesh, and Rajasthan. This was followed up by similar announcements from BJP-ruled Gujarat and Assam. Rahul Gandhi even went onto to demand a nation-wide farm loan waiver from...

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A quota for farmers -Harish Damodaran

-The Indian Express It would have made more sense — economically, legally, politically, morally, constitutionally — to have limited 10 per cent EWS reservation to those with farming or rural backgrounds The last few years have seen the so-called dominant farming communities — especially the Jats, Marathas, Patidars and Kapus — mount violent agitations demanding quotas in government jobs and higher educational institutions, whether under the OBC (Other Backward Class) or...

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