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...

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...

-Financial Express Higher sowing augurs well for bountiful wheat and oilseed production The resilience of India’s agricultural sector has been a positive factor in the India growth story. During the ongoing rabi season, the average area sown for wheat is up by 25%, to 25.5 million hectares as of December 9, from a year earlier. Area under oilseeds, too, is at record levels. All of this augurs well for bumper rabi crops...

-The Third Pole/ Scroll.in The dams the two countries are relying on may not be able to generate much power if avalanches, landslides and floods continue worsening. As glaciers shrink and Monsoon rainfall becomes more unpredictable due to climate change, uncertainty around the viability of hydropower projects in the Hindu Kush Himalayas is increasing. A recent study on the state of a glacier on the southeastern Tibetan Plateau raises questions about the...

-Hindustan Times Farm-insurance claims have risen due to extensive crop damage caused by extreme weather conditions this year, but some farmers are angry at being given a pittance as compensation under the Pradhan Mantri Fasal Bima Yojana. Krushna Raut, a farmer in Maharashtra’s Parbhani district, stared in disbelief at a message on his mobile phone, which showed ₹1.76 had been transferred to his bank account towards his crop-insurance claim. He first thought...