-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&FS. Since 2014, the Life insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have...
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Loan waivers derail Fasal Bima Yojana -Subhankar Mukherjee & Parthapratim Pal
-The Hindu Business Line Expectation of loan waiver causes farmers to stop payment against existing loans. They don’t buy insurance for the next season The Centre launched the Pradhan Mantri Fasal Bima Yojana (PMFBY) in January 2016. While crop insurance programmes in Indiahave been in place for more than four decades, interest among farmers about insuring their crops has been low, which is reflected in the modest coverage level. According to latest data...
More »Indu Bhushan -- CEO of Pradhan Mantri Jan Arogya Yojana (PM-JAY) -- interviewed by Bindu Shajan Perappadan (The Hindu)
-The Hindu The CEO of the Pradhan Mantri Jan Arogya Yojana on the challenges and scope of the scheme and responses from the States Indu Bhushan is the CEO of the world’s largest government-funded health insurance scheme, the Pradhan Mantri Jan Arogya Yojana (PM-JAY), which was launched by Prime Minister Narendra Modi on September 23. Until his appointment as CEO of PM-JAY, Mr. Bhushan served as director general for the East Asia...
More »The value of a health scheme -Vani Kulkarni
-The Hindu The challenges for the success of Ayushman Bharat are more than just at the financial and infrastructural level On September 24, the government launched the grand government-funded healthcare scheme, the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PMJAY). While some see its ambitious goals as its main strength, others are sceptical given the inadequate funding for the scheme, the weak infrastructure of primary health care centres, and the time required for...
More »In Madhya Pradesh's theatre of farm rage, BJP puts its money on crop insurance -Ravish Tiwari
-The Indian Express Apart from the Pradhan Mantri Fasal Bima Yojana (PMFBY), the BJP is also counting on the Bhavantar Bhugtan Yojana (BBY), to neutralise rural anger ahead of the elections. Dewas, Ujjain: After the violent protests of June 2017 and unremunerative prices for most crops in the last one and a half years, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has one trump card — a Rs 5,000 crore-plus insurance payout...
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