-TheWire.in Mining companies on the hook include Tata Steel, Essel Mining & Industries Ltd, Indrani Patnaik, Rungta Mines, Serajuddin & Company and even state-run entities like Odisha Mining Corporation. Bhubaneswar: Dealing a body blow to the mining companies that unlawfully raised huge quantities of iron ore and manganese ore, the Supreme Court on Wednesday called for the recovery of 100% compensation in lieu of the excess ore lifted. Disposing of a writ petition...
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SC directs companies to pay Rs 17,576 crore for illegal mining in Odisha -Amit Anand Choudhary
-The Times of India NEW DELHI: In a major setback to mining companies indulged in illegal extraction of iron and manganese ore in Odisha since 2001, the Supreme Court on Wednesday cracked the whip and directed them to pay a compensation of about Rs.17,576 crore. A bench of Justices Madan B Lokur and Deepak Gupta ruled that the companies would be liable to pay back 100 percent of the price of mineral...
More »The difficult economics of the Indian farmer
-Livemint.com Policy should focus not just on higher production but also on helping farmers manage risks Anybody who is dismissive of the wave of farmer protests across the country should first understand the difficult everyday economics of the Indian agriculturalist. Most farmers swim in a turbulent sea of risks against which they have almost no protection. The risks begin with sowing. The production in the months ahead is deeply dependent on weather conditions....
More »Farmers await crop insurance payout, 55% claims pending -Sayantan Bera
-Livemint.com Under the flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana, Rs5,875 crore, or just 45%, has been paid to farmers, agriculture ministry data shows New Delhi: Farmers who suffered crop losses in 2016-17 are yet to receive insurance compensation for 55% of estimated claims under the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY), shows latest numbers from the agriculture ministry. The data shows that insurance companies collected Rs22,338 crore in 2016-17...
More »Pradhan Mantri Fasal Bima Yojana -- a good scheme with flawed implementation, says CSE's latest report
-Centre for Science and Environment New Delhi: Centre for Science and Environment (CSE) released here today the first detailed independent evaluation and analysis of the Pradhan Mantri Fasal Bima Yojana (PMFBY) – government’s flagship national agricultural insurance programme. Across the world, agriculture insurance is recognised as an important part of the safety net for farmers to deal with the impacts of extreme and unseasonal weather due to climate change. Releasing the report...
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