-The Hindu Business Line Not very, going by IMD gauge in Badnapur; insurers depend on Skymet AWS If you imagine a rain observatory as a centre with scientific equipment and team of Researchers monitoring data, you are mistaken. The writer visited a rain observatory in Badnapur town of Jalna district in Maharashtra’s Aurangabad division. This was in the terrace of the Gram Panchayat Office. The writer was taken aback by what she saw there:...

  The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...

-The Hindu Business Line Tech must be used in a big way to ensure ryots get compensated quickly, says National Insurance Academy’s Srinivasan Changing rainfall patterns, droughts, flooding and geographical redistribution of pests and diseases have posed a major challenge before Indian agriculture. With the impact of climate change looming large on agricultural productivity, the insurance sector has a big role to play. However, the implementation of crop insurance scheme is mired...

-Scroll.in Private insurance companies have benefitted more than farmers from the new crop insurance scheme.     Pradhan Mantri Fasal Bima Yojana was launched to expand crop insurance coverage in India     But coverage has shrunk, despite compulsory enrollment of farmers at the time of taking loans     Private companies retain a larger share of government funds than before     Farmer groups have opposed compulsory enrollment and complained about payment delays.   In its manifesto for the...

-The Indian Express A two-year-long study jointly undertaken by the SPPU, JNU and Indian Institute of Dalit Studies has revealed that only 22.3 per cent of the country’s higher caste Hindus own 41 per cent of the country’s total wealth Pune: Caste continues to play a significant role in the educational and professional choices available to an individual, and the resultant income and assets, reveals a two-year-long study jointly undertaken by...