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Crop insurance is not the perfect medication for farmers, says economist -Nagesh Prabhu

-The Hindu A book brought out by NABARD, authored by R.S. Deshpande, says Pradhan Mantri Fasal Bima Yojana carries the baggage of the earlier failed crop insurance schemes A book on the theme “Rainfed Agriculture and Droughts in India” (2022) brought out by the National Bank for Agriculture and Rural Development (NABARD) argues that crop insurance is not a “perfect medication” any more for farmers hit by natural calamities such as floods...

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Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha

-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

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In India’s coal belts, jobs are now hard to get -- and harder to keep -Karishma Mehrotra

-Scroll.in Coal mining continues to flourish in the country but it is no longer a major source of employment. For four months in 2019, Umesh Kumar Saw protested against a new coal mining project that was sprouting up just 50 meters behind his home, threatening to gobble up three acres of his family’s agricultural land. But when the mining company offered him a job, he relented. His family gave up their land...

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‘Withdraw order on mandatory use of health card in govt. hospitals’ -Bishwanath Ghosh

-The Hindu Bengal doctor’s association writes to Mamata saying the order will only fatten wallets of insurance firms A prominent association of doctors in West Bengal has written to Chief Minister Mamata Banerjee, asking her to revoke a recent order that makes it mandatory for patients to use the Swasthya Sathi card while seeking treatment in government-run hospitals. Swasthya Sathi is the Trinamool Congress Government’s insurance scheme providing a cover of ₹5 lakh...

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Private insurance companies benefitted the most from PM Fasal Bima Yojana: Report -Raju Sajwan

-Down to Earth Farmers yet to be paid Rs 5,724 crore for claims made in 5 years since scheme launch The Pradhan Mantri Fasal Bima Yojana (crop insurance scheme) may have benefitted some farmers but insurance companies surely made the most of it. In the five years since the scheme was launched, these companies received Rs 1,26,521 crore in premium payments and paid Rs 87,320 crore to farmers in loss claims — a...

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