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Cabinet makes Pradhan Mantri Fasal Bima Yojana voluntary for farmers

-These changes are proposed to be implemented from Kharif’ 2020 Season throughout the country.
-The cabinet has also decided that allocation of crop insurnace business to insurance companies to be done for three years. The Cabinet now has allowed subsidy to concerned insurers beyond a prescribed time limit.Also cut-off dates for invoking this provision for Kharif and Rabi seasons will be 31st March and 30th September of successive years respectively (Both PMFBY/RWBCIS).
 

Coronavirus outbreak to have limited impact on India, says RBI Governor

“Most of the large pharma companies, according to information that we have, always keep stock for three-four months. So, therefore, they should be able to manage and also those provinces from where these pharma intermediates are sourced have not been impacted by the virus outbreak. Therefore, there is an expectation that the supply of pharma raw materials will be maintained,”RBI Governor Shaktikanta Das said.

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