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- Mumbai: Actress Adah Sharma seen at Mumbais Khar on July 19, 2018.(Photo: IANS)
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- AMC in the works to help PSU banks offload non-core assets
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en-gb 2018-07-25T23:47:06+05:30 en-gb 2018-07-25T23:33:05+05:30 - The AMC would take over the asset, determine a valuation and sell it through a bidding process, one official said. âThe proposed AMC will charge a small fee from the lender.
en-gb 2018-07-25T23:43:36+05:30 en-gb 2018-07-25T23:35:14+05:30 Student loan relief would be rarer under DeVos proposal The Trump administration is proposing new rules that could make it harder for students to get their loans erased in cases of fraud. Education Secretary Betsy DeVos announced the proposal Wednesday after months of negotiations to replace Obama-era rules. - Gandhi claims the deal was inked at a much higher price than what was negotiated by the UPA regime.
en-gb 2018-07-25T23:42:35+05:30 - World champion weightlifter Saikhom Mirabai Chanu has clarified that she would need just two weeks of training to be ready for the competition.
- They were all killed in a gutsy ambush by Maoists, who were well equipped and tactically positioned on the forested hills around the reservoir. They strafed the boat until it sank.
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Pompeo talks tough on Russia as lawmakers seek answers WASHINGTON (AP) â" Secretary of State Mike Pompeo is taking a tough line on Russia and its actions in Ukraine as skeptical lawmakers are set to demand specifics from him on President Donald Trump's summit with Russian leader Vladimir Putin. Is Modicare any better than UPA-era schemes?It will take years for the scheme to be rolled out, but it'll gratify what you might call the final-year itch. 151 Malkangiri villages to return to national mapThey were all killed in a gutsy ambush by Maoists, who were well equipped and tactically positioned on the forested hills around the reservoir. They strafed the boat until it sank. 151 Malkangiri villages to return to national map after almost 50 years They were all killed in a gutsy ambush by Maoists, who were well equipped and tactically positioned on the forested hills around the reservoir. They strafed the boat until it sank. Is Modicare any better than UPA schemes? Sometime over the next few weeks â" most likely in his Independence Day speech â" Prime Minister Narendra Modi will formally launch what has already been billed as the worldâs biggest public healthcare programme, Ayushman Bharat, or the National Health Protection Mission (AB-NHPM).The scheme was announced in the 2018-19 Budget and approved by the Cabinet in March. It will vault over all other social welfare projects of the NDA government, like Swachh Bharat, free LPG connections to the poorest families, electricity to all homes, and Jan Dhan bank accounts.It will take years for Ayushman Bharat to be rolled out, but it will gratify what you might call the final-year itch. These go-for-broke compulsions kick in several months before a general election. They are always pro-poor, populist and profligate.To recap, Ayushman Bharat will target 107.4 million âpoor and vulnerableâ families identified by the 2011 Socio Economic and Caste Census â" at least 500 million individuals, or about 40% of the population. (Never mind that by the time it is in place, these numbers will be nearly a decade old and probably an underestimate.) A defined-benefit scheme, Ayushman Bharat guarantees insurance of up to Rs 5 lakh per family for secondary and tertiary healthcare. Beneficiaries will pay no premium, and the central and state governments will share the premium costs.How much will it cost? Officials I spoke with estimate the average premium will not exceed Rs 1,000 per family. So, full enrolment may cost the exchequer up to Rs 10,000 crore. (Nagaland has quoted an annual premium of only Rs 444 per family.)As welfare schemes go, Ayushman is dwarfed by the Rs 1.43 trillion spent by the government on food subsidies under the National Food Security Act (NFSA) in 2017-18. NFSA was pushed through by UPA 2 in September 2013 â" a few months before a general election that it lost. It is also important to remember that none of these schemes is an Eureka innovation. They are based on, and expand, an idea that somebody else thought of. NFSA pledged between 3 and 7 kg of subsidised rice, wheat and coarse grains to over 800 million people, or two-thirds of the population, plus free meals to pregnant women, lactating mothers, malnourished children and the destitute.More of the Same Although the BJP criticised the food security scheme, which expanded efforts by previous governments to sell subsidised foodgrains to Indiaâs poorest, it had no option but to implement it. The Modi government, using digitisation of public distribution system (PDS) records, has tried to curb leakages, cancelling 27.5 million fake ration cards, and linked 194 million ration cards to Aadhaar.Reading between these lines, it is clear it costs a lot to keep millions of Indians in poverty. Although the government is experimenting with direct transfers of food subsidies to beneficiaries, the base prices of rice and wheat are nearly two decades-old and bear no resemblance to market prices â" hence the huge subsidies.Ayushman Bharat will subsume the Rashtra Swasthya Bima Yojana (RSBY), which was launched in 2008 by the UPA government. That was the year the UPA announced three stimulus packages that included a Rs 71,000-crore farm loan waiver. The recklessness continued after the UPA won the election, and the budget deficit hit a ruinous 6.8% of GDP in 2009-10.As a first stab at near-universal healthcare for the poor, RSBY was a good scheme. It promised annual insurance of Rs 30,000 per family and targeted below poverty line (BPL) families, expanding later to include categories like construction workers, railway porters, street vendors and domestic workers. Beneficiary families used smart cards and only had to pay a one-time Rs 30 registration fee.RSBY lost momentum after the UPA lost power. Originally designed to cover 70 million households by 2017, the latest data show that it has shrunk to 15 states, and only 36.3 million families have been enrolled from a targeted total of 59.1 million as of March 2017. RSBY premiums were capped at Rs 750 per family annually.As you can see, the devil will be in the details of Ayushman Bharat. It will issue e-cards to beneficiary families, but they have to be identified, informed and persuaded to enrol. Most state governments have signed up, including reluctant ones like West Bengal and Rajasthan that had its own Bhamashah programme targeting a wider population. A couple of states are holding out â" Odisha, which will go to the polls simultaneously with the Lok Sabha, and Telangana, where the old and more comprehensive Aarogyasri health insurance scheme of the Congress era has been adopted and expanded by the current Telangana Rashtra Samithi (TRS) government.Right PrescriptionAyushman offers 135 packages, compared with RSBYâs 70. Memoranda of understanding (MoUs) have to be signed with a host of state and private insurers. âThe insurers are salivating,â a public health official said, over the potential new business.In March, Indu Bhushan was lured from a 21-year career with the Asian Development Bank to be the CEO of Ayushman Bharat. Bhushan, who was Director-General of the ADBâs East Asia division, has worked on mass healthcare programmes in Thailand â" where the popular 30-baht scheme led to universal coverage â" Vietnam and Mongolia. Like Parameswaran Iyer, who left a World Bank job to lead the Swachh Bharat programme, Bhushan is a former IAS officer. Solar developers ask government to rethink on manufacturing-linked tenders NEW DELHI: Solar project developers have requested the government to reconsider the proposed large scale, manufacturing-linked solar power tenders, saying it would compel them to foray into equipment manufacturing, which is a completely different business requiring different skillsets.Risks involved in setting up of power projects and venturing into manufacturing of equipment are not comparable either, as the power sector is highly regulated while manufacturing business is largely market driven, Solar Power Developers Association (SPDA) has said in a letter to power minister R K Singh. âIt is being perceived that, by linking PPA (power purchase agreement) with solar equipment manufacturing, government is compelling them (independent power producers, or IPPs) to get into manufacturing â" which is cause of concern for most developers,â said SPDA whose members include industry bigwigs such as ReNew Power, Avaada Power, Acme Solar, Green Infra, Azure Power, SPRNG Energy, and Hero Future Energies.âMembers of SPDA have expressed their reluctance in venturing in solar manufacturing,â it said. ET reviewed a copy of the letter sent earlier this week. Solar Energy Corporation of India (SECI) had earlier this year floated a 5 GW manufacturing tender linked with 10 GW power purchase agreement, as part of a government plan to revive the ailing solar manufacturing industry in the country.The technical bid for the tender was supposed to open later this month, but it has been postponed to third week of August, as the developersâ have expressed their concerns in the pre-bid meeting. Government officials, however, said the concerns of developers are unfounded as they are free to form a consortium with manufacturers of solar equipment to participate in the tender.âDevelopers are free to tie up with manufacturers if they do not have the expertise in manufacturing,â a senior government official said. âSECI will make appropriate changes to the bid only if the concerns of developers are found to be valid,â the official said on the condition of anonymity. Around 90% of the solar equipment used in the country is imported, and the government is planning manufacturing-linked tenders of up to 20 GW size to beef up local manufacturing of solar components. en-gb 2018-07-25T23:50:31+05:30 - tdBlocksArray.push(block_td_uid_54_5b58bc02e2935);
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