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India could experience heat waves beyond human survival limit: Report

-IndiaToday.in A report by the World Bank has stated that heat waves in India could break the human survivability limit in the coming years. India could experience intense heat waves that could break the human survivability limit, according to a World Bank report. The country has recorded several deaths Due to intense heat waves over the last couple of decades. The World Bank report titled "Climate Investment Opportunities in India's Cooling Sector" said...

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‘Paltry’ insurance payouts irks rain-affected farmers, Centre denies claims -Zia Haq

-Hindustan Times Farm-insurance claims have risen Due to extensive crop damage caused by extreme weather conditions this year, but some farmers are angry at being given a pittance as compensation under the Pradhan Mantri Fasal Bima Yojana. Krushna Raut, a farmer in Maharashtra’s Parbhani district, stared in disbelief at a message on his mobile phone, which showed ₹1.76 had been transferred to his bank account towards his crop-insurance claim. He first thought...

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Fertiliser subsidy bill in FY'23 seen at Rs 2.3-2.5 lakh cr; may fall 25pc in FY'24: FAI

-Moneycontrol.com The fertiliser subsidy stood at Rs 1.62 lakh crore in the previous financial year. The government's fertiliser subsidy will rise to Rs 2.3-2.5 lakh crore in this fiscal but the bill may fall by 25 per cent in the 2023-24 financial year with moderation in global prices, according to industry body FAI. Fertilisers Association of India (FAI) expressed concern that the fixed cost of urea has not been increased affecting the viability...

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Hardships faced can’t be seen as shortfall of demonetisation: Centre to SC -Abraham Thomas

-Hindustan Times The petitioners had questioned whether the Government carried out any study linking demonetisation as an effective tool to achieve the objectives of curbing black money, terror financing or fake currency. Hardships caused Due to demonetisation cannot be the basis for faulting the Government’s 2016 notification to ban currency notes of ₹500 and ₹1000, the Centre told the Supreme Court, adding that the cutoff date December 30 fixed by the Centre...

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Distributors upset by FMCG cos’ practices -Suneera Tandon

-Livemint.com The issues were discussed at a national governing council meet of the All India Consumer Products Distributors’ Federation (AICPDF) in New Delhi earlier this month NEW DELHI: Distributors of fast-moving consumer goods have raised concerns over some practices of packaged goods makers such as Amul, Mondelez and Tata Consumer Products, which they say are leading to supply shortages, or dumping of stocks in a sluggish market. The issues were discussed at a...

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