-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...

-The Tribune While attracting private capital investments in production, processing and marketing of high-value agriculture, the associated adverse socio-economic implications must be avoided. Last year, Parliament enacted the Farmers’ (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020. It is supposed to empower farmers to get engaged with upgraded value chain partners in a fair, transparent, mutually agreeable and remunerative manner to enhance their income by reducing marketing risks....

-Newsclick.in After the Union Government announced a mission to explore mining the Indian ocean floor for rare earth minerals in this year’s budget, environment conservationists and oceanographers in India are joining global calls for a moratorium on deep sea mining. April 9, Bengaluru: Indian activists have joined worldwide environment conservationists and oceanographers in opposing the recently announced Deep Ocean Mission by the Government of India. The Mineral Inheritors Rights Association (MIRA) – an...

-The Tribune ‘High indebtedness, inability to repay loan led to extreme step’ Over 7,300 farm labourers in Punjab have died by suicide between 2000 and 2018. As many as 5,765 of these (79 per cent of total suicides by farm labourers) were because of high indebtedness and inability to repay the loan. An average agricultural labour family in the state has a debt of Rs 76,017 while the agricultural labourer suicide victim family...

-TheCitizen.in The corporate capital has launched a final assault in its desparate bid to extricate itself from the worst crisis it has encountered. Having swallowed industry, trade and finance, it has now turned its greedy eyes on land and peasantry, along with peoples’ assets in the public sector including public infrastructure and services in health, education and social welfare. Most importantly, it has its gaze fixed on fertile tropical and subtropical land and...