-The Hindu Business Line Short tenure of the policy is its biggest drawback. With El Nino expected to mar the monsoon this year, insurers may stay away A normal monsoon in 2016, after two years of drought, has not only led to a bountiful harvest for farmers, but also filled the coffers of private insurers. The Kharif 2016 season resulting in lower claims has helped private insurers in particular rake in good profits...

-The Times of India MUMBAI: Reserve Bank of India governor Urjit Patel has sounded the alarm on State Governments waiving farm loans and has called for a consensus on eschewing them to avoid damaging the national balance sheet. Uttar Pradesh chief minister Yogi Aditya Nath recently announced a Rs 36,000-crore farm loan waiver, which could trigger copycat decisions by the Punjab and Maharashtra governments. "It undermines honest credit culture, it impacts credit...

-The Hindu ‘Time to build consensus on not making such poll promises’ Reserve Bank of India Governor Urjit Patel on Thursday stressed the need for building a national consensus on loan waiver schemes. Addressing a press conference here, he said this was needed so that promises such as loan waivers are not made during elections. “We need to create consensus so that such loan waiver promises are eschewed. Otherwise, sub-sovereign fiscal challenges in...

-The Indian Express Union Minister M Venkaiah Naidu has rejected the Congress allegations, saying the proposed Rules regarding the word limit and application fees remain the same as they were under the UPA government. On March 31, the Department of Personnel and Training (DoPT), the nodal department for the implementation of the Right to Information (RTI), put on its web site a circular titled “Framing RTI Rules, 2017 in supersession of...

-The Hindu Business Line With bumper crop halving prices, traders are refusing to lift stocks Hyderabad: Chilli farmers in Telangana are in a belligerent mood as prices plummeted by more than half. With the State witnessing a bumper crop, the markets are flooded with the produce. As traders are refusing to lift the produce at a remunerative price, huge stocks are piling up at the market yards at Khammam, Warangal and in...