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Crop insurance scheme loses sheen as coverage area reduces

-The Tribune New Delhi: The Narendra Modi government’s flagship crop insurance scheme, launched with much fanfare two years ago, has witnessed negative growth this year as the coverage has reduced to 24 per cent of gross cropped area (GCA) in 2017-18 from 30 per cent in 2016-17. This, when the actual target for the current year was 40 per cent. Similarly, the number of farmers insured during both the kharif and rabi...

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New MSP may drive up farmer income by 24% -Dipak K Dash

-The Times of India NEW DELHI: Prices available to farmers for their harvest could increase by about 15% as a result of the budget announcement to hike the Minimum Support Price (MSP), according to an estimate prepared by government’s think tank Niti Aayog. This is likely to raise the income of farmers by 24%, it has projected. While proposing three options in a draft document titled “Ensuring MSP Benefits to Farmers”, the...

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Deadly NHs: Just 2% of roads, 35% of fatalities -Dipak K Dash

-The Times of India NEW DELHI: National Highways constitute only 2% of India’s road length, but account for nearly 35% deaths in road accidents. The corresponding figures for state highways are 3% and 28%. Of the total 1.5 lakh road fatalities in 2016, over 94,000 people died on national and state highways. On an average, one life is lost in every three accidents on NHs and state highways. Road safety experts feel...

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Wilful defaults increased by 152 per cent during Modi regime -Vandana

-TheWeek.in Wilful defaults, loans which are deliberately not repaid by companies despite having the capacity to do so, have surged 152 per cent in the last four years of Modi government. A new report prepared by Pinkerton – a risk management consultancy along with PHD Chamber of Commerce and Industry – says that both gross NPAs and wilful defaults have been going up post 2008 financial crisis. The value of wilful defaults...

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Aadhaar is blind to purpose of validation: UIDAI CEO -Dhananjay Mahapatra

-The Times of India NEW DELHI: Aadhaar is blind to the purpose of authentication as it only establishes identity and nothing more, Unique Identification Authority of India (UIDAI) CEO Ajay Bhushan Pandey told the Supreme Court on Thursday, countering apprehensions that Aadhaar would result in “virtual surveillance” of citizens. In the course of a Power-Point presentation, Pandey said Aadhaar was a tool to establish identity and was not an aggregator of...

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