-The Telegraph New Delhi: A clutch of Indian public and private sector companies yesterday set up a nuclear insurance pool of Rs 1,500 crore needed for any compensation payments in the event of a nuclear accident, senior atomic energy officials said today. The nuclear insurance pool, with a contribution from a UK-based nuclear insurer, is expected to address concerns among international and domestic suppliers that India's civil nuclear liability law gives nuclear...

-HowIndiaLives.com As risk-management tools that work on the concept of pooling go, crop insurance is a failure Farmers don’t know about it, or don’t have access to it, or find it too expensive to take it. Insurers don’t push it as they don’t make money on it. Governments have never crafted it to be the focal point of managing risk in the farming sector. As risk-management tools that work on the...

-The Economic Times BENGALURU: As the central government devolves more fiscal freedom to the states, they seem to be cutting allocations to social sectors, especially agriculture and allied areas in response, according to the initial findings of a study. The Narendra Modi administration wants to empower states further as part of a push toward cooperative federalism. Finance Minister Arun Jaitley's February budget cut allocations to the states by more than half in...

-The Hindu The Modi government is determined to dismantle the two-pronged welfare paradigm. It is now an established fact that one area where the Narendra Modi administration has acted with a sense of purpose, urgency and resolve is in slashing social expenditure. Be it education, health, agriculture, livelihood security, food security, panchayati raj institutions, drinking water or the Scheduled Castes/Scheduled Tribes sub-plan, central government funds earmarked for social protection have been cut. The...

-The Hindu Govt. accused of backtracking on promise of loan waiver Mumbai: Farmers in Maharashtra are using the phrase bure din (bad days) to describe their condition. Akshay Tale last spoke to his close friend Neelesh Walke at around 2.45 p.m. on December 30 last year. Neelesh, who faced a Rs. 2 lakh debt, seemed anxious but showed no signs that he was considering any extreme step. At around 4 p.m., Neelesh, barely 23,...