-MoneyLife.in A news item published in the Business Standard on “New draft rules set to clamp down on CSR activities through trusts” has caused mass panic and pandemonium since morning. While it is good to be vigilant and leave no scope for ambiguity and address any vagueness in the language of the proposed new Rules (while we still can), let’s not get unduly alarmed either. There is time and adequate scope...
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Coronavirus: 54% of Indian firms can’t support work from home, says report
-Hindustan Times A report by Gartner, a leading IT service management company, says that 54 per cent of the Companies in India do not have enough technology and resources for employees to work to home. While Companies across the world mull over having their employees log in from home in the wake of the coronavirus scare, a report suggests that for many Companies in India, this might just be a distant dream. Please...
More »Can smart meters solve India’s electricity problem? -Rahul Tongia
-Hindustan Times They are a valuable tool for improved discoms. But they can’t solve what are fundamentally governance failures Much has changed in the electricity sector in the last few years. Electricity generation capacity is now surplus after years of deficits, and the price of solar power has fallen by 70%. But one thing that has barely changed is the performance of the electricity distribution Companies (discoms), which continue to bleed money....
More »India is constantly tinkering with GDP data. It’s hard to rely on it now -Vivel Kaul
-Newslaundry.com In the latest instance, GDP growth projections for the first two quarters of 2019-20 have been revised up, making it easier to meet the annual growth target of 5 percent. The Gross Domestic Product figures for the period of October to December 2019 were published late last week. GDP measures the economic size of a country. Alongside, the GDP figures for the previous two quarters – April to June 2019 and July...
More »PMFBY 2.0: A revamped crop insurance scheme -Amit Mohan Prasad
-The Indian Express The recent tweaks to the Pradhan Mantri Fasal Bima Yojana, including making it 100% voluntary and capping premiums at 30%, are going to be a game-changer. The Centre has recently revamped the Pradhan Mantri Fasal Bima Yojana (PMFBY) that will have far-reaching impact on the implementation of this flagship crop insurance scheme. Launched in the 2016 kharif season, PMFBY makes the insurance Companies liable for full risk coverage. Farmers...
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