-The Times of India PALANPUR: Tragedy struck Khariya village in Gujarat's Banaskantha on Wednesday when 18 bodies — all close relatives — were recovered from a river bank, taking the flood related death toll since the beginning of monsoon to 119. The toll may go up as rescue operations are on. Villagers in Khariya watched in disbelief as the bodies were found one after another from the slush and placed in a...
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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...
More »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,...
More »Pradhan Mantri Fasal Bima Yojana -- a good scheme with flawed implementation, says CSE's latest report
-Centre for Science and Environment New Delhi: Centre for Science and Environment (CSE) released here today the first detailed independent evaluation and analysis of the Pradhan Mantri Fasal Bima Yojana (PMFBY) – government’s flagship national agricultural insurance programme. Across the world, agriculture insurance is recognised as an important part of the safety net for farmers to deal with the impacts of extreme and unseasonal weather due to climate change. Releasing the report...
More »Drought shadow looms over deep south -Harish Damodaran & Amitabh Sinha
-The Indian Express In 2016, south interior Karnataka recorded 22 per cent deficit rainfall during the southwest monsoon season (June-September). Reservoir levels in the Cauvery basin have fallen lower with back-to-back monsoon failure and Karnataka is headed to Assembly elections in barely eight months. If Maharashtra, particularly Marathwada, was the epicentre of drought in 2014 and 2015, that has now seemingly shifted deep southward to a stretch covering the old Mysore region...
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