-The Times of India NEW DELHI: Less than two of every 100 senior citizens in India are covered under public and private health insurance. This even as the population of elderly people is growing significantly and is forecast to hit almost 300 million in around two decades. The elderly population, aged more than 60 years, is projected to constitute 18.3% of the total population in 2050, up from 7.7% in 2010, according...
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Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga
-Economic and Political Weekly The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...
More »No ordinance to amend land acquisition law, law minister Sadananda Gowda says
-The Times of India NEW DELHI: Law minister Sadananda Gowda on Wednesday ruled out taking the ordinance route for any amendments in the Land Acquisition Act though he said the government was in favour of bringing some changes. "There is a proposal. The call has to be taken by the concerned (rural development) ministry," he said, without elaborating on the proposed changes. Finance minister Arun Jaitley had last week said the government will...
More »Policy Watch: Food & water crisis ahead -RN Bhaskar
-DNA India's rising affluence and water profligacy could trigger a food crisis very soon At first blush, there is a lot to be cheerful about. India's index of industrial production has resumed its climb. Stalled projects are being dusted and revived. There is a good chance that employment figures, too, will begin rising by the end of the next quarter. Then there is more good news. Per capital GDP (Gross Domestic Product)...
More »Don't Make Fortune Out of Poor: Rajan to Micro Lenders
-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...
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