-PTI While 773 farmers got Rs one each as compensation, 669 farmers received Rs two each from the insurance company. MUMBAI: Over 2,000 farmers in a tehsil in Maharashtra have received crop insurance compensation ranging from Rs one to Rs five each, an official said. While 773 farmers got Rs one each as compensation, 669 farmers received Rs two each from the insurance company. Rs three each were deposited into the bank accounts...
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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »The food economy: A Catch-22 for policymakers
-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...
More »1,648 people died every year during 1953-2016 due to floods or heavy showers, shows recent CWC data
The Central Water Commission (CWC) has released the state-wise and national-level annual data on human and economic costs associated with floods or excessive rainfall for the last 64 years at a time when the North East is devastated by nature's fury. That data indicates that on an average 3.2 crore Indians were affected by floods or excessive rainfall every year between 1953 and 2016. Floods or downpours took a heavy toll...
More »Civil society activists oppose amendments in the land acquisition legislation to acquire tribal and forest lands in Jharkhand
-Press statement by Right to Food Campaign dated 2nd July, 2018 Since 2014, people of Jharkhand have faced severe attacks on their mere right to life by the Raghuvar Das led BJP government. The government has been trying to acquire land of Adivasis and Moolvasis against their wishes that will directly affect their livelihoods. On the other hand, there is also a direct attack on the people’s freedom to religion leading...
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