-Hindustan Times The CSE report shows that insurance companies had only settled 32.45% of the claims made till April 2017. New Delhi: An independent evaluation of the Modi government’s much-touted crop insurance scheme has showed that insurers gained nearly Rs 10,000 crore in gross profit during the last kharif season, from June to November 2016. However, it settled less than a third of the crop-loss claims filed till early this year. The report released...
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Social media weaning away time spent on newspapers,TV: Assocham
-PTI New Delhi: Social media platforms like Facebook, WhatsApp, Instagram and others are rapidly changing the reading and viewing habits of an increasing number of people, mostly youngsters, according to Assocham. Based on an analysis of responses from just 235 families, the industry body claimed that Indians residing in big cities are now spending less than half the time reading newspapers and watching television as compared to 3-4 years ago. “While it is...
More »GST effect: Fate of Ludhiana plywood industry hangs in balance -Sumeer Singh
-Hindustan Times Ever since the goods and services tax (GST) was brought to force, there has been a 60% fall in the demand for plywood, owing to the tax rate of 28% on furniture goods. Situated on the outskirts of Ludhiana city in Hambran, is a small plywood manufacturing unit. Until last month, the manufacturing unit had a 110-strong workforce. But now the owner, Wazir Sood, has temporarily laid off 70 workers....
More »Health ministry claims it had no say in fine print of Niti Aayog plan to privatise some hospitals -Menaka Rao
-Scroll.in The ministry says it will respond to a draft model contract that has been sent to states for comments. The Ministry for Health and Family Welfare has said that it will respond to the Niti Aayog’s draft agreement proposing the terms for privatising district hospitals across the country. As Scroll.in reported, the government policy think tank sent a letter to states in June proposing a model by which private companies...
More »Higher GST on pesticide to affect farmers: industry
-IANS NEW DELHI: Imposition of 18 per cent rate on pesticides under the Goods and Service Tax (GST) system has become a cause of worry not only for farmers but crop protection product manufacturers as well. Manufacturers say it will increase agricultural input costs, putting additional burden on farmers as use of pesticides is essential owing to its role in controlling pest and increasing productivity. As the current farming season is at...
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