-Newsclick.in The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country. In May 2022, a report in the magazine, The Economist, claimed that “a novel confluence of forces stands to transform India’s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and...

On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....

-The Hindu Audits, transparency and citizen-centric accountability need to be a part of fund support and disbursement Every COVID-19 wave in India has brought us face to face with the dire precarity of life and livelihood for India’s vast numbers of unorganised workers, and the inadequate response of the state and society to their plight. The latest global OXFAM inequality report highlights how India’s billionaires have grown dramatically in numbers and wealth,...

-Down to Earth Farmers belonging Jharkhand, Karnataka, Telangana, and Maharashtra have the highest amounts pending under insurance claims Over Rs 3,300 crore is pending in payment to farmers across India in crop insurance claims  since 2018-19 under the government’s flagship crop insurance scheme, due to ‘payment failure’ and delay in state subsidy. An amount of Rs 3,372.72 crore out of claims worth Rs 66,460 crore in the last three years under the Pradhan...

-The Hindu The Centre has decided to scrap the system of caste-based wage payments in the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme after complaints from State Governments. In an order dated November 1, the Finance Ministry directed the Ministry of Rural Development (MoRD) to “revert to the previous system of generating single muster, single FTO [or Fund Transfer Order] and transferring money into a single NeFMS [or National Electronic...