The finance ministry is reviewing the Pradhan Mantri Fasal Bima Yojana’s cup-and-cap model. This comes as crop insurance business declines, with premium collections expected to fall significantly. Large states are shifting to the cup-and-cap model, which limits insurer risk and profitability. The review aims to ensure the scheme’s long-term sustainability and effective farmer coverage.
FII exodus, crude shock, and Rupee under pressure: Deepak Shenoy breaks down India’s market storm
Indian stock markets are facing tough times due to global economic factors. Deepak Shenoy of Capitalmind MF advises investors to look beyond immediate market swings.