A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
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Why firms love crop insurance more than farmers
-The Times of India NEW DELHI: The government's ambitious crop insurance scheme has proved to be a jackpot for insurance companies last year, which collectively earned 85 per cent profit (after excluding administrative and reinsurance expenses) during the 2017-18 kharif season. Kharif is an Indian cropping season which extends from July to October. 17 insurance firms (5 public and 12 private) empanelled under the Pradhan Mantri Fasal Bima Yojana (PMFBY) registered a...
More »WHO tells govt strict clinical trial rules will drive away drug firms -Teena Thacker
-Livemint.com WHO says the Indian govt should ‘reconsider’ the compensation clause because an approval to the rules in the current form would affect the conduct of clinical trials in India New Delhi: The World Health Organization (WHO) has told the central government that the United Nations (UN) agency’s work with India would be “hampered” and drug companies driven away if the government goes ahead with stringent draft rules for compensation in case...
More »Cash transfers more effective than PDS, says ICRIER-OECD report -TV Jayan
-The Hindu Business Line Direct bank transfers plug leakages in food distribution, ensure better nutritional security New Delhi: Irrespective of teething problems encountered in places where it was launched as pilot, direct cash transfers are far more effective than food subsidy in reducing food insecurity and nutritional imbalances among the Indian population, a new report has shown. Currently, India spends ?1,45,400 crore — about 1.3 per cent of its GDP — to give...
More »In a Win for Activists, SC Issues Notice to Centre on Plea Challenging Foreign Political Funding -Gaurav Vivek Bhatnagar
-TheWire.in The petition before the apex court had claimed that retrospective amendments to the FCRA were meant to bail out the BJP and Congress, held guilty by the Delhi high court of accepting foreign funding. New Delhi: The Supreme Court’s notice to the Centre on July 2 seeking a response to a plea alleging that the recent amendments to the Foreign Contribution (Regulation) Act (FCRA), 2010 have opened the doors to...
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