-Businesstoday.in Dispute between importer and distributor unravels super profits; Delhi HC strikes down sale price by 33 per cent * The $3 per test SARS CoV-2 Antibody test kits are being imported from China's Wondfo * Its landed price, including air freight (Rs 20), to importer Matrix Labs is Rs 245 per test * ICMR placed an order to buy 5 lakh kits on March 27, 28 @Rs 600 (plus GST) per test * Importer...
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It's time to move away from paddy-wheat cropping cycle to end air pollution
Air quality in North India in general and Delhi National Capital Region (Delhi NCR) in particular plunged to its lowest point in recent years during October-November thanks to a variety of factors. Through media reports one comes to know that stubble burning (also called paddy straw burning/ crop residue burning) is chiefly responsible for the public health crisis in India's capital and its nearby regions. Data accessed from the website...
More »Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
More »PMFBY -- Insurance Companies Make super profits, Farmers Suffer -Subodh Varma
-Newsclick.in Insurance companies have already earned about Rs.16,000 crore in three seasons. The much-hyped Pradhan Mantri Fasal Bima Yojana (PMFBY) – supposed to provide insurance protection to farmers against crop losses due to natural events – has turned into a bonanza for insurance companies while farmers are angry over delays in claim settlement, rejections and paltry compensation. Launched in 2016, four full seasons have passed since and the financial transactions show earnings...
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