Several computers, laptops, window glasses and furniture were damaged in the vandalism, an official at Koregaon police station said.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
ICICI Lombard has launched a hybrid weather-cum-satellite imagery-based insurance product in India to insure wheat crops.
Bhargav Dasgupta, managing director and chief executive officer of ICICI Lombard, tells Subrata Panda, in an interview that the company has adequate capital for now and does not see a need for fresh infusion through markets over the next few years.
At least two farmers had ended their lives in Sillod during March 3 to 12, police had said. However, sources claimed at least six agriculturists had ended their lives in Aurangabad district in the Marathwada region during the same period, prima facie due to indebtedness.
A Madhya Pradesh farmer has claimed that he lost his crop because of Prime Minister Narendra Modi's proposed rally in the state on February 18.
'There is more expansion in the industry happening in retail lines, so we will continue to focus on those lines.'
In the months of May, June and July, state and district level conventions of the SKM shall be held in every state/UT to galvanise and organise farmers and farm workers, it said.
The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.
This could impact their books in the third quarter of the current financial year.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
Archana Ramanan, a homemaker from Tamil Nadu, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.
Though COVID-19 will wreak more damage to the finances of the Indian population, the insurance sector is unlikely to get hurt.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
That apart, farmers will get loans for post-harvest storage of their produce at a subsidised interest rate of 7 per cent for six months.
ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.
Yield loss due to natural calamity is calculated based on field reports and assessment of crop-cutting experiments by district and block agriculture officers.
"(Someone said) I have promised that I will make a Shiv Sena worker chief minister but then he himself became CM," Shinde said, taking a jibe at Uddhav Thackeray.
"The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said presenting what was dubbed as 'reformist' budget for the next fiscal in Lok Sabha.
'There is no immediate threat to the government, and they would prefer the growth agenda.'
A 15-member SKM delegation met with Union Agriculture Minister Narendra Singh Tomar at Krishi Bhawan in the afternoon and submitted a demand charter, farmer leader Darshan Pal said.
The ruling Mahayuti alliance in Maharashtra is heavily banking upon a six to 10 per cent shift in voters -- mostly women -- in its favour to return to power with anywhere between 160 and 170 assembly seats, say four MLAs belonging to Eknath Shinde's Shiv Sena.
He also proposed various measures, including land tax waiver for farmers, to mitigate their suffering.
The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country. The deal is subject to regulatory approvals and the entire process is expected to be completed in nine months.
Under the PMFBY - introduced in 2016 - farmers have to pay a maximum of 2 per cent of the sum insured for kharif and 1.5 per cent for rabi food and oilseed crops and 5 per cent for commercial/horticultural crops. Eighteen general insurance companies, including five public sector insurance firms, have been empanelled for the scheme's implementation.
Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
Money will be earmarked for the social sector - especially rural districts that house three-fifths of voters
NCP led by the former Union minister said the Election Commission had sought its response to a petition filed by Ajit Pawar, and the party submitted its "preliminary response" to the poll panel on September 7.
The government has extended the interim approval given to plant protection companies for use of drones for spraying specified pesticides. The approval has been extended for one more year starting from April 18, 2024. All other terms and conditions for the use of drones for spraying plant protection chemicals including the standard operating procedures etc. will remain the same.
More funds are expected to be allocated for the new crop insurance scheme, PMSKY and RKVY.
Prime Minister Narendra Modi on Sunday said awareness about it should be spread across the country so that at least 50 per cent of the farmers join it within two years.
The Bharatiya Janata Party (BJP) on Sunday pledged to make 30 million 'Lakhpati Didis', up from the 10 million rural women who have already achieved the feat. Prime Minister Narendra Modi on Sunday released the BJP's manifesto for the upcoming Lok Sabha elections. The manifesto says the ruling party will continue the quarterly financial disbursements under the Pradhan Mantri Kisan Samman Nidhi (PM KISAN) yojana.
Commerce and Industry Minister Nirmala Sitharaman told the Rajya Sabha 'the government is absolutely sensitive and seized of the matter'.
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
Harassment, corruption and the burden of compound interest for years are also the reasons.
According to a decision taken by the Cabinet Committee on Economic Affairs, the Commission on Agricultural Costs and Prices will consider the above elements while recommending the MSP. The CACP, an advisory body under the agriculture ministry, recommends MSPs of over 20 crops, including wheat and rice.
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