-The Hindu Health protection scheme for 10.74 crore beneficiary families and 50 crore Indian citizens The healthcare sector has welcomed Prime Minister Narendra Modi’s announcement in his Independence Day address that the Pradhan Mantri Jan Arogya Abhiyaan, also known as Ayushman Bharat or the National Health Protection Mission (AB-NHPM), will be launched on September 25. The government-sponsored health insurance scheme will provide free coverage of up to ?5 lakh a family a year...
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Rebooting the system for a skills upgrade -Santosh Mehrotra & Ashutosh Pratap
-The Hindu There needs to be a road map to rescue private Industrial Training Institutes from their weak state Small shops, basements, tin sheds and godowns. These are not random workplaces but places where private Industrial Training Institutes (ITIs) are running in the country. Disturbing facts such as these come from the report of the Standing Committee on Labour (2017-18) headed by Bharatiya Janata Party MP Kirit Somaiya, on the “Industrial Training...
More »PMFBY -- Insurance Companies Make Super Profits, Farmers Suffer -Subodh Varma
-Newsclick.in Insurance companies have already earned about Rs.16,000 crore in three seasons. The much-hyped Pradhan Mantri Fasal Bima Yojana (PMFBY) – supposed to provide insurance protection to farmers against crop losses due to natural events – has turned into a bonanza for insurance companies while farmers are angry over delays in claim settlement, rejections and paltry compensation. Launched in 2016, four full seasons have passed since and the financial transactions show earnings...
More »Banks Raked in Rs 5,000 Crore from Fining Customers for Breaching Minimum Balance
-PTI India's largest lender State Bank of India, which suffered a staggering net loss of Rs 6,547 crore during 2017-18, led the pack in penalising its customers for not maintaining minimum account balance. New Delhi: As many as 21 public sector banks and three major Private Sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data. India's largest lender...
More »Solving the mystery of missing employment data in the Indian economy -Himanshu
-Livemint.com The prime minister is partly right in the sense that the most authoritative data on employment-unemployment from the periodic NSSO were not available after 2011-12 In an interview given to Swarajya magazine earlier this month, Prime Minister Narendra Modi lamented the lack of data on jobs in the country. This was in response to a question on why the economy is not creating jobs. The prime minister is partly right...
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