-Financial Express Farm loan waivers—of more than Rs 850 billion in FY18 and FY19, announced by various state governments—are the flavour of the season. This can affect credit offtake and induce further stress for banks and amount to another agrarian crisis. Farm sector NPAs accounted for 16% of banks’ advances under the priority sector lending in October 2018. Post the early waiver-announcements, credit growth in agriculture and allied activities has been...

-The Indian Express Insecurity, more than poverty or indebtedness, is the key economic issue that politicians must address If social inequality is the most acutely felt social problem in India, insecurity, more than poverty, is the most acutely felt economic problem. While most measures suggest that only around one-fifth of the population today is under the official poverty line, large sections of those even much above that line are subject to...

-The Hindu Business Line People from different spheres and strata of life joined farmers at the Kisan Mukti March in Delhi last month From scientists, artists and doctors to lawyers, retired jawans and students, thousands came together to support a march by farmers in Delhi last month. The November 29-30 Kisan Mukti March to Parliament, organised by The All India Kisan Sangharsh Coordination Committee (AIKSCC), an alliance of over 200 farmers’ organisations,...

-TheWire.in Claims have remained unpaid even after the stipulated period of two months has long passed. New Delhi: In January 2016, when the Narendra Modi led government announced the new Crop Insurance Scheme – Pradhan Mantri Fasal Bima Yojana (PMFBY) – it had said that one of the key improvements over previous schemes would be that claims would be settled on time. However, RTI data received and reviewed by The Wire has revealed...

-The Hindu For state-sponsored insurance, governments should avoid insurance companies World Bank data, in 2015, showed that nearly 65% of health-care expenditure in India is “Out of Pocket” (OoP). A report by the World Health Organisation has shown that around 3.2% of Indians would fall below the poverty line because of high OoP health expenditure. Thus, a national health insurance scheme like the Ayushman Bharat is welcome. While the principle of insuring a...