Ruchika Chitravanshi &Amp; Sanjeeb Mukherjee

Stories by Ruchika Chitravanshi &Amp; Sanjeeb Mukherjee

As Yaas rolls in, fishermen rue absence of insurance scheme

As Yaas rolls in, fishermen rue absence of insurance scheme

Rediff.com   25 May 2021

The cover provided under the Centre's Pradhan Mantri Suraksha Bima Yojana, which is a vital safety net for them, ended almost a year back on May 31, 2020. Ever since, there hasn't been much progress on the higher insurance coverage of Rs 5 lakh promised under the newly launched Pradhan Mantri Matsya Sampada Yojana, reports Sanjeeb Mukherjee.

'India must do 7 million vaccinations a day'

'India must do 7 million vaccinations a day'

Rediff.com   22 May 2021

'If you approached it with that level of aggression in 100 days, you would have vaccinated more than half of your country.' 'On a mass scale you will be able to eliminate that wave.'

Tech driven farming still remains a pipedream

Tech driven farming still remains a pipedream

Rediff.com   19 May 2021

As India looks to scale up use of technology in agriculture, a recent study has found that with just 2 per cent of the cultivators in India using mobile applications for farm-related activities and real-time alerts, adoption of tech solutions such as Internet of Things (IoT) remains at a nascent stage. It also found almost 90 per cent of the existing start-ups and tech-based companies have solutions that are focused only on pre-harvest operations and not on post-harvest which has a higher investment potential due to the presence of big companies. In post-harvest operations, the study, Titled, IoT Adoption in Indian agriculture, that was conducted by industry body Nasscom along with Cisco India among more than 180 enterprises and 40 agritech start-ups found that unclear Return on Investments (RoI) is a big stumbling block for adoption of tech solutions like IoT.

Arabian Sea is now hotbed for cyclones

Arabian Sea is now hotbed for cyclones

Rediff.com   17 May 2021

Surface temperatures have increased rapidly during the past century, leading to an increase in the frequency and intensity of tropical storms in the Arabian Sea, reports Sanjeeb Mukherjee.

Sputnik V vaccine to be available in India from next week: Govt

Sputnik V vaccine to be available in India from next week: Govt

Rediff.com   14 May 2021

India is expecting 156 million doses of the vaccine from August to September, reports Ruchika Chitravanshi.

Tauktae, season's first cyclone, forms over Arabian Sea

Tauktae, season's first cyclone, forms over Arabian Sea

Rediff.com   13 May 2021

The intensity of rainfall is likely to increase with the likelihood of very heavy falls at a few places and extremely heavy falls at isolated places on May 15, reports Sanjeeb Mukherjee.

Covid deaths could touch 1 million by August: Lancet

Covid deaths could touch 1 million by August: Lancet

Rediff.com   8 May 2021

If that outcome were to happen, the Modi government would be responsible for presiding over a self-inflicted national catastrophe.

Gujarat gets lion's share of Covid vaccines

Gujarat gets lion's share of Covid vaccines

Rediff.com   4 May 2021

Delhi, which has been one of the worst affected states, accounted for less than two per cent of total vaccinations in the 18-44 age-group.

Early signs of COVID-19 surge cooling in 13 states and Union Territories

Early signs of COVID-19 surge cooling in 13 states and Union Territories

Rediff.com   4 May 2021

But the numbers have continued to rise in 23 states including Bihar, Goa, Andhra Pradesh, Tamil Nadu and Kerala.

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Rediff.com   29 Apr 2021

They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.

Despite slew of records, problems still plague MGNREGA

Despite slew of records, problems still plague MGNREGA

Rediff.com   25 Apr 2021

MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.

IBC: 'Defaulters' paradise is lost'

IBC: 'Defaulters' paradise is lost'

Rediff.com   30 Mar 2021

'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'

Independent directors of loss-making firms must be paid: Govt

Independent directors of loss-making firms must be paid: Govt

Rediff.com   20 Mar 2021

Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss.

Whistleblower accuses Edelweiss ARC of fund diversion, other irregularities

Whistleblower accuses Edelweiss ARC of fund diversion, other irregularities

Rediff.com   20 Mar 2021

The ministry of corporate affairs (MCA) has launched a probe into the books of Edelweiss Asset Reconstruction Company (EARC) following allegations by a whistleblower of fund diversion and irregularities. The whistleblower, Paras Kuhad, a former additional solicitor general of India, had written to the Prime Minister's Office and the Reserve Bank of India (RBI). Kuhad has alleged that Edelweiss Group and Caisse de depot et placement du Qubec (CDPQ), a Canadian institutional investor, which hold stakes in the ARC, diverted funds and did not adhere to norms while making investments in EARC's instruments. Sources have indicated that a probe has been initiated, but the MCA did not comment on the issue.

How these 5 states look to pacify disgruntled farmers

How these 5 states look to pacify disgruntled farmers

Rediff.com   18 Mar 2021

With the farmers' protest against the three new laws and in support of legalising the minimum support price (MSP) going strong, state governments have announced a slew of measures in their annual Budgets to placate farmers. The Centre kicked things off in the Union Budget by assuring farmers that the MSP would continue and coming out with a report card to demonstrate its commitment. However, these efforts don't seem to have yielded tangible results. In their respective Budgets, states chose to go a step further by announcing a variety of measures.

Stressed firms must get ready for bankruptcy proceedings

Stressed firms must get ready for bankruptcy proceedings

Rediff.com   18 Mar 2021

With just a few days left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely. An extension may not be economically desirable as it hampers the restructuring prospects for stressed companies, according to senior officials. Also, it would be a challenge to amend the law in such a short time. A Bill would have to be passed in both Houses of Parliament, if any change, with respect to suspension of Insolvency and Bankruptcy Code (IBC), is to be made - including extension or creating any exceptions to the rule.

Jobs for locals have remained on paper

Jobs for locals have remained on paper

Rediff.com   17 Mar 2021

While the Constitution makes everyone in India eligible to work anywhere in the country, states have used legal loopholes to frame laws.

As Covid cases rise again, states impose restrictions

As Covid cases rise again, states impose restrictions

Rediff.com   26 Feb 2021

Here's what some states are doing to get a grip on the situation. Ruchika Chitravanshi & Aneesh Phadnis report

How the new Companies Act will affect Tata Sons, Bharti Telecom

How the new Companies Act will affect Tata Sons, Bharti Telecom

Rediff.com   22 Feb 2021

Companies such as Tata Sons and Bharti Telecom, which are unlisted but have listed subsidiaries, may soon have to file periodic financial statements with the registrar of companies under the new provision of the Companies Act. The provision requires greater financial disclosures by a certain category of unlisted companies.

Modi: 'We need wealth creators to even distribute wealth'

Modi: 'We need wealth creators to even distribute wealth'

Rediff.com   11 Feb 2021

Demoralising the private companies and disregarding their contribution won't do any good to the country or its youth as our experience has shown that private enterprises in mobile manufacturing has lead to every poor family owning a mobile phone now, while the country's private sector in the pharmaceutical space has been serving humanity through vaccines and medicines during Covid times, Modi said.