-The Indian Express Mumbai: The Maharashtra government is likely to bring farmers' suicides under insurance cover to enable higher financial compensation to the victims' families, state Agriculture Minister Eknath Khadse has told The Indian Express. The development comes at a time when the government is grappling with drought across 24,000 villages and an increasing number of farmer suicides is being reported from the Marathwada region. Statistics show that almost 85 to 90...
More »SEARCH RESULT
Total Matching Records found : 199
Overhaul brakes on insurance scheme for poor -M Saraswathy
-Business Standard Sector players await government's decision on future of Rashtriya Swasthya Bima Yojana The government-sponsored Rashtriya Swasthya Bima Yojana (RSBY) is set to undergo a overhaul with a proposal to have only public general insurers manage the scheme through a trust-like structure. Sources said the bids that would have been considered for new contracts have been left unopened as the stakeholders are awaiting the government's decision on its future progress. A senior public...
More »Case for proper crop insurance scheme -Devinder Sharma
-Deccan Herald Make new entrants provide 40 per cent risk coverage to the farming sector on a household basis. Unseasonal rains and strong winds that lashed the entire north-western region have done immense damage to the standing crops. The Union Ministry of Agriculture has estimated damage to standing crops in 50 lakh hectares in Punjab, Haryana, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra. Coming after an extended...
More »Farmer deaths choking exchequer, UP eyes insurance firms to ease ‘burden’ -Mohd Faisal Fareed
-The Indian Express Lucknow: Having spent over Rs 1,100 crore from the state exchequer in the last two years to pay compensation to the kin of farmers who have committed suicide, the state government has now decided to rope in Private Insurance Companies to streamline the scheme and share the burden. Till now, the state revenue department was paying Rs 5 lakh to the kin of each farmer who died of unnatural...
More »Tax-free medical expenses cap may be hiked -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is reviewing the tax-free medical reimbursement limit, currently fixed at Rs 15,000 a year, besides looking at making it more attractive for individuals to buy medical insurance policies. Sources said both the issues are being looked at ahead of the Budget with some indicating that there is a possibility that the limit on tax-free medical reimbursement from employers may be raised to Rs 25,000...
More »
