Insurance companies across the country earned a whopping Rs 15,795 crore as profit in two years from the Pradhan Mantri Fasal Bima Yojana (PMFBY), according to a reply received under the Right to Information Act.
While the farmers’ wait for increase in income continues, the profit of insurance firms increased by one-and-a-half times in just one year of the introduction of the PMFBY.
Chennai: On November 15, the cyclonic storm Gaja will make its landfall across the Tamil Nadu coast between Cuddalore and Pamban. Heavy rainfall and wind will also be unleashed on the state along with the cyclone and as many as 30,500 rescue personnel have been kept on standby, as per the Met office.
More than half the poorest of India’s poor, entitled to monthly doles, have not had their Aadhaar details verified with the authorities, prompting the Centre to push the states to bridge the gap in a “mission mode”.
The Cabinet Thursday approved a proposal to manage Ahmedabad, Jaipur, Lucknow and three other airports under public private partnership (PPP). The three other aerodromes are those at Guwahati, Thiruvananthapuram and Mangaluru. The operation, management and development of all these aerodromes, owned by the Airports Authority of India (AAI), would be done under PPP, an official tweet said. This would be done through Public Private Partnership Appraisal Committee (PPPAC).
The Government of Tamil Nadu has approved a supply chain management scheme in the state that aims to directly benefit the farmers without any agent or middleman.
The scheme, a first of its kind in India, has been sent to the National Bank for Agriculture and Rural Development (NABARD) for its nod. It is likely to see the proposal through an internal assessment. The scheme includes setting up warehouse infrastructure, primary processing centres (PPCs) and cold storage.
NEW DELHI: Tamil Nadu, Gujarat and Karnataka doled out the highest subsidies for fisherfolk in 2017-18, including a sales tax rebate on diesel and financial assistance during a fishing ban, India has told the World Trade Organization (WTO).
A total of six million household and 4,50,000 community toilets have been built over the last four years under the Union government’s Swachh Bharat Mission - Urban (SBM-U), according to officials familiar with the development. They also said that 30,000 of these public toilets across 700 cities can now be located on Google Maps.
Even though the science behind weather forecast has developed enormously in the last eleven years, it is still not possible for scientists to accurately forecast spatial distribution of rainfall in each month of monsoon period from June to September.
This year’s forecasts of Southwest (SW) monsoon by Indian Meteorological Department (IMD) and Skymet were no exception. However, despite deficient rainfall in some regions, production of Kharif crops is not estimated to be lower than last year.
As part of its USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India, the ADB assisted pilot is running in a village in Varanasi where as many as 5,000 households have got smart meters with satellite communication technology installed by EESL.