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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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Drought-hit Bundelkhand farmers now struggle to feed cattle

-IANS Bhopal: Many farmers in Bundelkhand are setting free their animals in the forests to survive, as the region is facing drought once again. There is nothing in the fields to graze on and there is not even fodder available for the cattle. Bundelkhand region comprises 13 districts of Madhya Pradesh and Uttar Pradesh. But the condition everywhere is the same. A shortfall in rainfall has LED to loss in farm produce....

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Political funding: There’s trust, but little else -Aditi Nigam

-The Hindu Business Line Electoral Trusts bring some transparency to India Inc’s donations to parties, but more needs to be done New Delhi: India Inc makes big donations to political parties, but very little is made public on the amount or to whom it is given. Electoral Trusts revealing such data were expected to bring in more transparency. A change in income-tax rules in January 2013 paved the way for the setting up...

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Free, not fair -Sukumar Muralidharan

-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is calLED — is granted a tent of its own, financed...

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‘FCI labourers earn Rs.4.5 lakh a month’

-The Hindu  The Supreme Court on Friday expressed shock at the revelation that labourers at the Food Corporation of India (FCI) earned a whopping Rs. 4.5 lakh as monthly wages, considerably more than the salary of the President of India. A Bench LED by Chief Justice T.S. Thakur said the revelation was an example of the “malpractices” in the FCI system. The Bench was hearing an appeal fiLED by the FCI Workers’...

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