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Bill to reform insurance sector may come in monsoon session - Subhash Narayan

The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be...

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Climate change will likely exacerbate Indian rural household's debt burden

Editorial team, Carbon Copy  Ongoing shifts in rainfall and temperature caused by climate change are likely to increase the debt burden faced by rural households, particularly of marginalised groups in dry areas, an editorial in Carbon Copy magazine said. The piece cited a study in the journal Climate Change that argues that changes in climate, along with existing socio-economic differences - caste and landholding in particular — will deepen the size...

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Extreme Weather Events To Rise Manifold In India Due To Climate Change: IIT Gandhinagar Study

-PTI/ NDTV.com The IIT Gandhinagar study highlighted that mega-heatwaves occurred during the summer of 1995 and 1998, with 20 per cent and 8 per cent of the country being affected by sequential extremes. New Delhi: The frequency of extreme weather events such as floods and heatwaves is projected to rise manifold in India in the future due to climate change, according to a study by researchers at the Indian Institute of Technology,...

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India Needs An Urgent Early Warning System For Landslides, But Challenges Abound -Flavia Lopes

-IndiaSpend.com At present, India is developing an early warning system for landslides, but it is likely to be operational not before 2025 Mumbai: On September 24, a major landslide hit a water pump at Chaba in the Shimla district of Himachal Pradesh and reportedly damaged a pipeline worth Rs 5 crore that supplied water to the district. Earlier in June, relentless rains led to deadly landslides in Manipur's Noney district, killing more...

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How water shapes India and why we need a paradigm shift in managing our priceless liquid assets -Esha Zaveri

-Scroll.in The increasing variability of water can weigh heavily on communities and represents a significant risk facing Indian farms, firms, and families. Rain, rivers, coasts, and seas have shaped our societies from the earliest days. Tales from classical antiquity to the Abrahamic religions to ancient Mesopotamia speak of how water changed the course of history. In India, the “crucible of the monsoon,” the annual drama of the moisture-carrying winds that bring 80% of...

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