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Crop insurance under a cloud

-The Tribune Need to readjust premium to favour farmers Insurance firms, both in the public and private sectors, have reportedly made a killing by offering crop insurance to farmers in about two dozen states. The Tribune reported abnormal gains by a dozen insurance firms through the Pradhan Mantri Fasal Bima Yojna (PMFBY). Insurers reportedly received a gross premium of Rs 22,362 crore under the scheme in 2016-17 and saved huge sums even...

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Country's non-income-based poverty level has fallen over the past 10 years, shows new report

For long, economists have argued among themselves whether income should be the only criterion for measuring poverty. After all, in real life a person can face multiple deprivations, say, in terms of access to education, health and living standards, among others. The multidimensional poverty index (MPI), which offers a valuable complement to traditional income-based poverty measures, was first introduced in the 2010 Human Development Report (HDR). The MPI looks at...

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Punjab's burning problem -Jacob Koshy & Vikas Vasudeva

-The Hindu Farmers in Punjab continue to burn paddy stubble every winter despite a ban on the practice. Jacob Koshy and Vikas Vasudeva report on the compulsions that drive farmers to adopt this method of clearing their fields and the efforts by the State administration to wean them off it The highway to Bibipur, a hamlet about 50 km from Patiala town, cuts through acres of paddy. Some of the rice stalk...

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Economic logic of setting paddy fields on fire -Sayantan Bera and Shrishti Choudhary

-Livemint.com Since the paddy straw cannot be used as animal feed, farmers set fire to it to get the field ready for the next crop of wheat New Delhi: On a balmy evening last week, Sandeep Singhroha, a farmer from Haryana’s Karnal district, set fire to a pile of paddy stubble with a matchstick and then dragged the pile across his field with a garden fork. Soon, the two-acre plot was up...

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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...

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