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Are farmer suicides on the wane? -Sayantan Bera

-Livemint.com 2016 recorded the lowest suicides in the farm sector in over two decades, shows data shared by agriculture minister Radha Mohan Singh New Delhi: There is little doubt that 2016 was replete with positive data on agriculture sector—a normal monsoon, record production of grains and perishables, and a rebound in the farm sector growth after consecutive years of drought-induced dismal performance. However, this positive data failed to lift farmers’ sentiment because...

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Crop Insurance: A flagship scheme that may flatter to deceive -Harish Damodaran

-The Indian Express For farmers, a uniform 2 per cent premium rate on sum insured (SI) for all kharif or monsoon season foodgrains and oilseeds, while 1.5 per cent for rabi winter crops and 5 per cent for annual commercial and horticultural crops, is the lowest they can hope for. The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima...

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Prof. Devesh Kapur, director of the Center for the Advanced Study of India at the University of Pennsylvania, interviewed by Anuradha Raman (The Hindu)

-The Hindu The political scientist on the danger to India’s checks and balances, and the perils of the democratisation of mediocrity in universities Professor of political science and a holder of the Madan Lal Sobti Chair, Devesh Kapur has been director of the Center for the Study of Contemporary India at University of Pennsylvania since 2006. Mr. Kapur, who recently co-edited Public Institutions in India: Performance and Design, says our public universities...

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CAG spots huge gaps in PM's Fasal Bima Yojana, other crop insurance schemes -Sanjeeb Mukherjee

-Business Standard Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old schemes with no or marginal increase in coverage of non-loanee farmers, lower sum insured as compared to scale of finance and delayed claim settlement which defeated the very purpose of...

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May I Overcharge You? -Arindam Mukherjee and Lola Nayar

-Outlook Banks are fleecing customers to shore up their profits and offset the dead weight of bad loans to corporates When the GST era dawned this month, online jokesters quipped that it was the most inscrutable thing ­after Duckworth Lewis. But paradoxically, it may have brought a disquieting clarity to another zone of universal experience. Amid the flurry of news reports detailing what would entail a higher tax of 18 per cent,...

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