-The Times of India NEW DELHI: The government's ambitious crop insurance scheme has proved to be a jackpot for insurance companies last year, which collectively earned 85 per cent profit (after excluding administrative and reinsurance expenses) during the 2017-18 kharif season. Kharif is an Indian cropping season which extends from July to October. 17 insurance firms (5 public and 12 private) empanelled under the Pradhan Mantri Fasal Bima Yojana (PMFBY) registered a...
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Monsoon fingers crossed -GS Mudur
-The Telegraph New Delhi: The national Weather agency has predicted above-normal rain over eastern, central and northwestern India between July 19 and 25 amid concerns that one-third of the country has received deficient rainfall so far this monsoon season. Rainfall data released by the India Meteorological Department (IMD) on Friday show that swathes of eastern and northern India have rainfall deficits, ranging from 23 per cent below normal in Bengal to 46...
More »Flood situation grim in Assam, improves in Jammu & Kashmir
-DD News Flood situation continues to be grim in Assam, Centre assures all possible help; In Jammu & Kashmir, flood situation improves leading to resumption of Amarnath Yatra. The flood situation in Assam continued to remain grim. Over 63,000 people are still affected by the floods across five districts, with the MeT department forecasting more rainfall in the state in the coming days. The death toll stood at 32 with no casualty being...
More »A broken tax chain -Arun Kumar
-The Hindu The GST’s faulty design has prevented the economy from benefiting fully from the indirect tax regime A year ago, at a special midnight session in Parliament, the launch of the goods and services tax (GST) was heralded as the new freedom. A year on, what has the GST achieved? ? One should not expect instant results. There will be many short comings when a complex reform is rolled out. But...
More »Changing rainfall patterns cause for worry in India -Nidhi Jamwal
-India Climate Dialogue The meteorological department’s analysis of annual rainfall for the past 50 years has found significant increasing or decreasing trends in districts that could put a spanner into India’s food security scenario. Since June 13, there has been a hiatus in the advance of southwest monsoon in the country due to the weakening of its circulation pattern. This dry spell is expected to soon change as the monsoon is likely...
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