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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Unravelling the Capex Push -CP Chandrasekhar and Jayati Ghosh
-Macroscan.org/ The Hindu Business Line The centre-pieces of the 2021-22 budget and the projected budget for 2022-23 fiscal years is the claim by the Finance Minister to have increased capital expenditure sharply in order to strengthen infrastructure in seven areas (Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure). Please click here to access. * This article was originally published in the Business Line on February 7, 2022. ...
More »Left Mumbai to be with our family, say migrants on PM Modi's statement in Parliament -Mustafa Shaikh
-IndiaToday.in Some of the migrant workers said that they left Mumbai during the first Covid-19 outbreak to be with their respective families. Speaking in the Lok Sabha, Prime Minister Narendra Modi said, "Congress crossed all limits during the first wave of the infection. The party (Congress) gave free train tickets to migrant workers to leave Mumbai...As a result, the Covid spread rapidly in Punjab, Uttar Pradesh and Uttarakhand.” India Today TV spoke to...
More »One-third of Rs.10,990 crore in PM CARES fund spent: ‘20-’21 audit -Priscilla Jebaraj
-The Hindu ₹3,976 crore spent during 2020-21; ₹100 cr promised for vaccine development not allotted The PM CARES Fund collected ₹10,990 crore since its inception in March 2020 until March 2021. It spent ₹3,976 crore during the 2020-21 financial year, according to the audited financial statement posted on its website. As on March 31, 2021, the Fund had an unspent balance of ₹7,044 crore. The Fund was set up to deal with “any...
More »Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)
-OutlookIndia.com The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the sector, but because there is a supply-side issue about chips, principal economic advisor to the government Sanjeev Sanyal told Outlook Business. He also said that...
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