-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...

-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...

-Livemint.com The Supreme Court has asked RBI to submit the information within six weeks New Delhi: The Supreme Court (SC) on Tuesday asked the Reserve Bank of India (RBI) to furnish details of companies that have defaulted on loans amounting to more than Rs.500 crore in sealed covers within six weeks. The court made the central bank a party to a 2005 case related to bad loans advanced to a few companies...

-The Indian Express We have turned our back to the intense food and drinking water distress across states India has transformed spectacularly in innumerable ways in the last two decades. One of the least noted changes is in the way the country — governments, the press and people — respond to drought and food scarcities. Back in the late-1980s, many states across India were reeling under back-to-back droughts for three consecutive years, not...

-The Pioneer Ranchi: Tuesday would be a proud moment for Jharkhand when officials of the State would share the mechanism, which is said to have helped in implementing the world’s largest pro-poor scheme — Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) — successfully. The State has been selected alongwith two others to showcase its success in arresting the menace of delayed payment, often blamed for suffocating the rural job scheme. The moment came...