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Burden of farm expense has increasingly passed from Centre to states -Abhinav Surya

-TheFederal.com Of the total public expenditure in agriculture, the Centre’s share fell from 50% to 37% between FY11 and FY20, while the states’ increased from 50% to 63% Fiscal federalism and Centre-state financial relations have always been a hotly discussed topic, with sharper debates arising in recent times. The total burden of public expenditure on the Central exchequer as a share of gross domestic project (GDP) has declined over the past decade,...

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Primary healthcare fails to meet needs of people it was built for: Lancet study -Taran Deol

-Down to Earth People in low-, middle-income countries often have to pay out of their pocket and seek care elsewhere Funding in primary healthcare systems in low- and middle-income countries is insufficient and access to it inequitable, a new study has reiterated. Patients often have to pay for the services out of their pocket, the report published in the journal The Lancet Global Health April 4, 2022 noted, adding that these systems have...

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Tata Mundra: Nobel laureate, others ask US apex court to drop immunity to World Bank

-Counterview.net Economic, legal, diplomatic and civil society experts – including Joseph Stiglitz, a Nobel Prize-winning economist, and former Vice President and Chief Economist of the World Bank – have urged the United States Supreme Court to go back to the case Budha Ismail Jam, et al v. IFC , (Tata Mundra case) concerning immunity from the suit for the World Bank Group and foreign nations. They said, the immunity decision in the...

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Govt releases draft MSME policy; proposes 8 ‘action areas’ to overhaul the sector -Sandeep Soni

-FinancialExpress.com Ease of Doing Business for MSMEs: The government has highlighted eight “specific action areas” to “build a vibrant eco-system for the rapid growth of the MSME sector.” Ease of Doing Business for MSMEs: The MSME Ministry has released the draft National Policy for Micro, Small and Medium Enterprises (MSMEs) in India, proposing multiple measures to promote competitiveness, technology upgradation, cluster and infrastructure development, procurement of MSME products and dedicated credit support....

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A cutback in PMFBY funding may further affect the timely release of compensation for crop failures

On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....

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