-Business Standard No consensus as yet on social security code Even though the Indian Labour Conference (ILC) could not build a consensus on forming a labour code on social security schemes, it recommended a slew of measures to broaden their coverage. The two-day conference, a tri-partite platform of trade unions, industry and the government, concluded here on Tuesday with a series of recommendations. It recommended that Employees' State Insurance Corporation (ESIC) coverage be expanded...
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Insurance scheme for farming sector on the anvil: Jaitley
-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...
More »Drop the crop insurance plan -Ramesh Chand & Sumedha Bajar
-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...
More »Krishi Vigyan Kendras in West UP floundering on resource crunch -Sanjeeb Mukherjee
-Business Standard Conceptualised to impart on- and off-field training to farmers, these bodies are failing because of poor financial and logistical support Muradnagar/ Hastinapur: For Ravinder Singh, the red and white building, just a few metres away from their 10-bigha farm is nothing more than a regular government office, where officials come and go without having any impact on their lives. Though they are aware the building has something to do with agriculture,...
More »Varun Gauri, Senior Economist, Development Research Group at the World Bank, interviewed by Anjuli Bhargava
-Business Standard The World Bank's latest report "Mind, Society and Behaviour" calls for re-designing development policy based on a more realistic understanding of how human beings think and behave. The lead author of the report, Varun Gauri, was in New Delhi and spoke to Anjuli Bhargava on the thinking behind the report and what India can do with it. Edited excerpts: * Right from the cover design to the title, this report...
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