-Business Standard Restricts scope of life insurance cover to bring down burden on the exchequer The government has started applying exclusion principles to its inclusion scheme, the Pradhan Mantri Jan Dhan Yojana (PMJDY). The life cover of Rs 30,000 announced by Prime Minister Narendra Modi for all those opening a bank account under the scheme will now exclude many. The finance ministry has put several riders for defining one's eligibility for a life...
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Solution glosses over key problem: farmers are landless -Sreenivas Janyala
-The Indian Express Oorugonda/ Warangal: Twenty -two kilometres from Warangal, a narrow road from National Highway 202 leads to Oorugonda, a village of around a thousand farmers in Atmakur mandal. An eerie silence hangs around it, with a few middle-aged men sitting under a tree looking up inquisitively at visitors. They are not done grieving for 40-year-old Modanti Krishnamma. Last week, she killed herself after the cotton crop she and her husband...
More »Of Millstones, Milestones & Millionaires -P Sainath and Ananya Mukherjee
-GRIST Media If hard work and enterprise inevitably made you prosperous, every rural woman would be a millionaire. These women have borne the brunt of the radical, often brutal transformation of rural India these past two decades. Our writers examine the hardships they continue to face as well as their remarkable vision to solve some of the greatest problems of our times such as food security, environmental justice and developing a...
More »Now, Centre to cap subsidy on cooking gas -Jyoti Mukul & Sudheer Pal Singh
-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...
More »Right to life overrides right to do business, Supreme Court rules -Dhananjay Mahapatra
-The Times of India NEW DELHI: Right to life outweighed right to do business with the Supreme Court on Monday rejecting State Bank of India's petition challenging an Allahabad high court order directing sugar mills in Uttar Pradesh to sell the sugar stock hypothecated to SBI against loans to pay sugarcane farmers' dues. Sugar mills had taken loans totaling Rs 3,000 crore from SBI by hypothecating their sugar stock. Under law, the...
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