New African Properties Limited (NAP.bw) listed on the Botswana Stock Exchange under the Property sector has released it’s 2013 abridged results.For more information about New African Properties Limited (NAP.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the New African Properties Limited (NAP.bw) company page on AfricanFinancials.Document: New African Properties Limited (NAP.bw) 2013 abridged results.Company ProfileNew African Properties Limited, listed on the Botswana Stock Exchange is a public variable rate loan stock company which offers investors the opportunity to share in a diversified portfolio of 64 well-established and well-positioned properties made up of a mix of retail, commercial and industrial properties with quality tenants. Its primary focus is the retail property sector. NAP aims to provide positive returns to investors by investing in appropriate retail properties; maintaining a profile of strong, quality tenants; maximising contractual rentals and minimising rental arrears, bad debts and vacancies; and optimising expenditure using a sound governance framework and skilled service providers. New African Properties Limited is a subsidiary of Cash Bazaar Holdings (Proprietary) Limited.
I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Royston Wild | Monday, 4th January, 2021 | More on: LLOY POLY I won’t dispute that the Lloyds (LSE: LLOY) share price looks mighty attractive on paper. The FTSE 100 bank trades on an undemanding earnings multiple of 12 times for 2021. It carries a beefy 4.5% dividend yield at current prices too.City forecasts are a useful guide to help UK stock investors decide what to buy and sell for our ISAs. But successful value investing is about more than just picking out low earnings multiples and big dividend yields. As I say, Lloyds looks very appealing on paper. The number crunchers expect the bank’s earnings to more than double this year. But in the real world, the FTSE 100 firm is a share I wouldn’t touch with a bargepole. Lloyds is very cheap for good reason.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Big trouble?The obstacles facing Lloyds are numerous and colossal. A survey from the Financial Times suggests that the UK economy will take 18 months to recover to pre-pandemic levels. The reason why the survey’s 90-odd economist panel is so glum? Fears of a long Brexit- and coronavirus-related economic hangover.This naturally bodes badly for cyclical companies with a high gearing to the British economy like Lloyds. The probability that Bank of England interest rates will remain around record lows for donkey’s years means further danger for UK banking stocks like this.A better buy than LloydsWhile Lloyds is too risky for me in the current climate, I think Begbies Traynor Group is an ideal UK share to buy today. Demand for the services of insolvency practitioners like this balloons in times like these, as recent data shows.According to The Gazette, a massive 3,126 businesses went into voluntary liquidation between July and October. This was up 52% from the corresponding 2019 period and the largest third-quarter total since 2000.Today Begbies Traynor trades on a forward price-to-earnings (P/E) ratio of 17 times. It sports a 3.3% dividend yield too. And I think this represents very decent value for UK stock investors like me.A FTSE 100 firecrackerI reckon gold producer Polymetal International (LSE: POLY) is another UK share in much better shape than Lloyds in 2021.Firstly, huge concern over the outlook for the domestic and global economies should underpin strong demand for precious metals again this year. The low interest rates that threaten to crush profits at Lloyds and its peers will help gold prices significantly as well.Indeed, inflationary fears due to loose central bank policy helped gold prices rocket on Monday. As I type, the yellow metal’s up 40 bucks at $1,940 per ounce. And gold could be poised for a fresh run to new record highs above $2,000.Polymetal’s share price soared 40% in 2020 on the back of gold’s surge. Clearly, there are plenty of reasons for more hefty gains this year too. Today the FTSE 100 digger trades on a forward P/E ratio of just 10 times. It carries a mighty 7.8% dividend yield as well. At current prices, I think it’s worthy of serious attention from ISA investors such as myself. Forget the Lloyds share price! I’d buy other UK stocks in my ISA to get rich and retire early Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Enter Your Email Address Simply click below to discover how you can take advantage of this. See all posts by Royston Wild
Image source: Getty Images Simply click below to discover how you can take advantage of this. Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Manika Premsingh | Monday, 1st March, 2021 Stock market crash 2021: here’s what I’d do if it happens Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! As stock market investors we need to be prepared for all possibilities.This includes being prepared for a stock market crash, as we have learned from last year’s experience. Typically, it is unlikely that a big stock market crash in one year is followed by another the next year, but it does no harm to be ready. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Where did the stock market rally go?If we look at the stock market indexes in February, it is evident that the stock market rally has vanished. In fact, there was a fall in the FTSE 100 index average compared to January. This may not be sustained or result in a market crash. Vaccinations, stimulus, low interest rates, and a growth bounce back are big reasons for the financial markets to stay buoyant. Unless there is a fresh surge in coronavirus cases or the economy is in a far worse state than any of us imagine at this point, I think UK shares are set to do well in 2021. What if there is another stock market crash?But if the risks play out, here are the three things I would do. #1. Buy fear: I’d keep funds aside for investing when share prices are low. Many FTSE 100 shares have more than doubled from the lows they hit when the stock market crashed. In fact, many of them gained soon after. And this includes even those that were the worst hit like travel and tourism stocks. If I think there is real long-term value to these stocks, I would not hesitate before buying these shares. I reckon that they could double my money in just a few months, but even if they do not, it is a great way to buy high-quality stocks at low prices. #2. Hold on: I would hold on to my portfolio stocks. Even if at the moment there was little money to be made, I would not like to lose any. All gains and losses are notional until we sell the shares we hold. And a market crash is never the time to sell otherwise higher value stocks. #3. Load up: This is true for income stocks as well. A low or no-growth income stock can be a real drag on the investment portfolio. Many companies stopped paying dividends last year and, as a result, their share prices fell even further. But if I had loaded up on those stocks then, today my dividend yield on them would be even better after they reinstated passive income. The take awayIn sum, the three things I would do are – buy, hold, and load up on existing holdings. I know it is easier said than done. We really never know whether the path ahead will get better or get worse.But if past stock market crashes are any indication of the trend, then we would be better off getting really optimistic when things go bad. It can be quite good for our investments. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Views expressed in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Manika Premsingh
Save my name, email, and website in this browser for the next time I comment. By Alex Horenstein, Assistant Professor of Economics, University of Miami and Konrad Grabiszewski, Associate Professor of Economics, Prince Mohammad Bin Salman College (MBSC) of Business & EntrepreneurshipGovernments all around the world are trying to contain the spread of the coronavirus. Making it mandatory for people to wear face masks is a policy that has gained favor among many national governments and state authorities in the United States.Yet any policy that attempts to modify people’s behavior – in this case, making mask-wearing a new norm – needs to take into account undesired behavioral adjustments that the policy may bring about. As behavioral economists, we know that without such consideration, the policy is bound to be less efficient than expected.Here are two behavior alterations to look out for as mask-wearing becomes more commonplace.As masks become the norm, there might be unexpected, unconscious tweaks in other behavior. Sean Gardner/Getty Images News via Getty Images North AmericaWearing masks, not washing handsWhen things get safer, people adjust their behavior and act more recklessly. This phenomenon, called the Peltzman effect, has been documented in areas as diverse as driving, sports and financial markets, as well as in drug overdose and pregnancy prevention.The mechanism is always the same: A safety measure (a seat belt in the case of driving or a government bailout in the case of investing) allows the recipient to take more risk (driving faster or investing in more risky instruments). In the end, the behavior becomes less responsible. In fact, a safety measure can make the activity more dangerous.It’s easy to imagine how this could be the case with COVID-19 and face masks. Here, going into public spaces is an activity with an associated risk of getting infected. A face mask is a safety measure that is meant to decrease the probability of infection.But the Peltzman effect will have a detrimental effect on that probability: When people feel safer with a face mask, they ease off on other forms of prevention, such as carefully washing their hands or keeping social distance. In the worst case, the risk of infection could actually increase.Behaviorial science suggests, then, that making face masks mandatory must be accompanied by policies that maintain, if not increase, other forms of prevention. In particular, it’s important to educate the public that, on its own, a face mask is not going to prevent COVID-19 if people forget about practices like social distancing and washing hands.One could imagine a policy that makes not only face masks but also portable hand sanitizer mandatory. Public health education could work on turning mandatory face masks into visual reminders to wash hands frequently.Wearing masks, not staying homeThe Peltzman effect does not paint a complete story of how safety measures change individuals’ behavior.In our research, we discovered another phenomenon: Safety measures encourage the participation of those who, without these measures, would sit out the activity as too risky for them.For example, most people would not dare to join a NASCAR race or put their money in complex financial investments. These activities are just too risky. However, you might change your mind if accompanied by a professional NASCAR driver, making the race less dangerous, or if assured of a government bailout, making investing less risky. The safety measure becomes an invitation to participate.A mask offers some protection when worn properly but it’s not magical.Michael Hundt/AFP via Getty ImagesIn the case of the COVID-19 pandemic, this phenomenon translates into the following problem. Equipped with face masks and a misleading feeling of safety, those who otherwise should stay home – especially older folks and those with underlying illness – head out and about. Compared to the safety of home, they’d be exposed to a higher risk of infection.The solution here requires public health messaging to walk a fine line. Making face masks mandatory must be accompanied by education that face masks are imperfect protection against COVID-19. Masks vary greatly in their filtration efficiency. Leaving home in a face mask does not mean that the probability of infection has been reduced to zero. It is of paramount importance to educate those at higher risk of coronavirus infection.Whether governments should make face masks mandatory is a question of medical science and political will – and not one we even try to answer. But research in behavioral economics does anticipate the complex ways people may respond to such a policy and we suggest some ways to address them.This article is republished from The Conversation under a Creative Commons license. The Anatomy of Fear TAGSBehavior StudiesCoronavirusCOVID-19MasksRisksThe Conversation Previous articleFlorida gas prices move lower; cheapest July in 16 yearsNext articleFlorida’s largest teachers’ union sues to stop ‘reckless and unsafe’ school reopening mandate Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Support conservation and fish with NEW Florida specialty license plate Share on Facebook Tweet on Twitter LEAVE A REPLY Cancel reply Masks are a crucial tool for stopping the pandemic – but don’t let them give you a false sense of security. Patricia J. Garcinuno/Getty Images Entertainment via Getty Images Europe You have entered an incorrect email address! Please enter your email address here Please enter your comment!
Houses “COPY” Save this picture!© Haruo MikamiRecommended ProductsDoorsECLISSESliding Pocket Door – ECLISSE LuceCeramicsApavisaTiles – JewelsWindowsJansenWindows – Janisol PrimoWindowsKalwall®Facades – Window ReplacementsText description provided by the architects. Located in a high point of Brasilia the residence This 2 was designed on two crucial elements: integration of social areas and privileging the view that the land has for the Capital.Save this picture!© Haruo MikamiThe house was created for a family of 5, who likes to receive and is keen to keep in touch with nature, thinking of a more appropriate layout for the current lifestyle decreased if the number of rooms and emphasized to provide the integration of environments to the fullest following an idea of creating the possibility of interaction – while mom and dad cook they can watch the kids playing in the pool or keep in touch with friends in the room -.Save this picture!© Haruo Mikami5 main functions divide the project:Integrated social áreaRecreation / Amusement / Contemplation AreaService áreaIntimate Kids Area – Lower FloorIntimate couple area – upper floorSave this picture!Floor PlanAfter sectoring the functions, the volume and aesthetics of the house was based on a simple design that is classic of contemporary architecture. In the three-dimensional composition the volumes divided into blocks dialogue in order to balance mass and void volumes walking together with the floor plan. The sobriety of these gray blocks, initially thought of apparent brick, is broken with the wooden lining that circulates throughout the house and creates a silhouette that stands out and gives more sympathy to the house. Masonry volumes are broken with large glass frames to enhance the exterior view and create strategic frames such as stairway windows, bathroom and full opening of main areas to balconies and terrace.Save this picture!© Haruo MikamiThe layout distribution related to the architectural expression of the project, mainly by the distribution of woodwork that is connected with the composition of the space around the walls, full and voids and views. This can be seen on the camouflaged door of the kitchen cupboard that gives access to the laundry area, in the master suite’s mirror which even when residents have their backs to view they can enjoy there because of the mirror reflection or even the sliding door that Gives access to this same suite, when closed provides privacy if visitors access the terrace. The choice of coverings and some interior elements was curated by the co-authors, who helped clients choose more natural materials that today aligned with the architecture of the house resulted in a more tactile and nature-related experience, such as the stones of the countertops and bathroom tiles.Save this picture!© Haruo MikamiThe terrace became a large square of the house, where you can create various layout with distribution of outdoor furniture, benches and tables creating a large space for contemplation of the nature and architecture of Brasilia.Save this picture!© Haruo MikamiProject gallerySee allShow lessLos Limoneros / Gus Wüstemann ArchitectsSelected ProjectsQuinta da Baroneza Residence / Débora AguiarSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/924315/s2-house-debaixo-do-bloco-arquitetura Clipboard CopyHouses•Brasilia, Brazil S2 House / Debaixo do Bloco ArquiteturaSave this projectSaveS2 House / Debaixo do Bloco Arquitetura Photographs: Haruo Mikami S2 House / Debaixo do Bloco Arquitetura Projects Brazil ArchDaily Photographs Area: 3229 ft² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/924315/s2-house-debaixo-do-bloco-arquitetura Clipboard 2019 Year: Clay Rodrigues Lead Architect: Architects: Debaixo do Bloco Arquitetura Area Area of this architecture project Save this picture!© Haruo Mikami+ 44Curated by Matheus Pereira Share “COPY” CopyAbout this officeDebaixo do Bloco ArquiteturaOfficeFollowProductsConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBrasiliaBrazilPublished on September 06, 2019Cite: “S2 House / Debaixo do Bloco Arquitetura” [Casa ESSE 2 / Debaixo do Bloco Arquitetura] 06 Sep 2019. ArchDaily. Accessed 11 Jun 2021.
Howard Lake | 15 December 2007 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 13 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Permission Marketing: Turning Strangers into Friends and Friends into Customers
Howard Lake | 23 October 2008 | News 24 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Charity giving site predicts rapid growth Tagged with: Digital Ireland Research / statistics AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis A website that allows charities to collect donations online is predicting that the number of donors will increase from 3,000 when the site opened in 2006 to 30,000 by the end of this year. Mycharity.ie founder Niall Devine says that last year the number of donors rose to 17,000 and the 30,000 figure will be reached this year.In an interview in the Irish Times Devine describes how he went from sponsored charity cycles for the National Council for the Blind to setting up the site which allows people to support others taking part in charity events.Devine worked on the website on a part-time basis until April 2006 while still working with Nortel and watched the level of activity on the site slowly start to grow. Having seen the potential for the business, he decided to leave Nortel in June 2007. “It was a massive change in career but it has been absolutely fantastic. I always wanted to work for myself; it was just a question of finding the right idea. I have a huge interest in sport and having control over my own time allows me to indulge this interest,” Devine said.“Our aim is to get 10 new charities a month on board. I spend a lot of time working with the developer on new services and features to attract new charities. We are getting about 35,000 visitors a month at the moment,” he says.“The main thing we do and definitely the most powerful is that we give charities the ability to do their fund-raising online. We create a fund-raising page online and all the person looking for sponsorship needs to do is send out an e-mail to all his/her friends. It’s much easier and less time-consuming than physically taking sponsorship cards around to all their family and friends.”Devine points out that people are much more generous with credit card sponsorship than they are with cash donations. The typical fundraiser on mycharity.ie raises two-three times the amount raised with sponsorship cards, he claims.Each charity is charged €500 plus VAT per year to register on the site – a fee Devine maintains is very low relative to most costs.The company also deducts 3 per cent from each transaction, most of which he says goes to paying credit card charges with the company keeping about 0.5 per cent.He says he also gives the charities that register a moneyback guarantee – if they do not make at least €500 back, he will refund them the difference.www.mycharity.ie About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
March 2, 2021 Find out more News News Follow the news on Somalia RSF_en RSF requests urgent adoption of moratorium on arrests of journalists SomaliaAfrica Receive email alerts News to go further ————————————-17.07.09 – Two journalists arrested amid growing crackdown on mediaReporters Without Borders is outraged by the arrest of two journalists and the closure of a TV station in the northwestern breakaway territory of Somaliland and the beatings which several journalists received from police in the northeastern semi-autonomous region of Puntland.“While the international community’s attention is focused on the abduction of two French government advisers who were posing a journalists in Mogadishu, the real journalists continue to be arrested and attacked with complete impunity,” Reporters Without Borders said. “The international community should help Somali journalists, who are exposed to enormous risks.” Ahmed Saleyman Dhuhul and Sayid Osman Mire, both members of the Somaliland Journalists Associations (SOLJA), were arrested without a warrant on 13 July when police raided Horyaal Radio, a privately-owned station based in the Somaliland capital of Hargeisa. Accused by Somaliland President Dahir Riyate of stirring up a tribal dispute that led to the death of four people, they are still being held at the headquarters of the Criminal Investigation Department in Hargeisa.A local television station, Horn Cable TV (HCTV), has been closed on the orders of the Somaliland attorney general for broadcasting a report about the same dispute.In Puntland, several journalists, including Aweys Sheikh Nur of Horseed Media Radio, were attacked and beaten by police while attending the trial of a number of Somali pirates in the port city of Bosaso. The journalists were attacked after some of them took photos of the prosecutor although they complied with a request to delete the photos. The judge and other court officials did not intervene while the police beat them. When the journalists complained, one police officer said: “We do not like what you report; you journalists are against the government.”Africa’s deadliest country for the news media, Somalia was ranked 153rd out of 173 countries in the 2008 Reporters Without Borders press freedom index. Kidnappings of journalists and humanitarian aid workers are now common in Somalia and six journalists have been killed since the start of the year. RSF and NUSOJ call for release of a journalist held in Somalia’s Puntland region News Radio reporter gunned on city street in central Somalia February 24, 2021 Find out more Help by sharing this information Organisation Reporters Without Borders is relieved to learn that journalists Ahmed Saleyman Dhuhul and Sayid Osman Mire were released yesterday on paying fines imposed by a court in Hargeisa, in the northwestern breakaway territory of Somaliland, after being held for 28 days.Dhuhul and Mire, who work for Horyaal Radio and are members of the Somaliland Journalists Association (SOLJA), were arrested on 13 July. On 8 August, the Hargeisa court sentenced them to six months in prison and a fine of 300,000 Somaliland shillings (about 30 euros). As jail terms of less than a year are convertible into fines in Somaliland, they obtained their release yesterday by paying 2.5 million Somaliland shillings (260 euros) in fines. Reporters Without Borders deplores the sentence imposed by the court. SomaliaAfrica August 10, 2009 – Updated on January 20, 2016 Two radio journalists released in Somaliland after 28 days January 8, 2021 Find out more
Home / Daily Dose / A Closer Look at Hispanic Homeownership Print This Post Projections suggest that Hispanics will make up more than half of all net new households formed between now and 2030. The Great Recession revealed that homeownership may not be the only catalyst to economic prosperity, however, it remains the largest wealth-building engine for minority families. On Wednesday, Urban Institute and the Hispanic Wealth Project collaborated to create a dialogue around the issues impacting wealth creation and economic mobility within the Latino community. Expert panels in the summit on ‘Hispanic Wealth: Emerging Homeownership, Entrepreneurship and Savings and Investments,’ shared their perspectives on challenges as well as the solutions for Hispanic Americans in areas of homeownership, savings and investments, and entrepreneurial opportunities. Click here for more details. \ Governmental Measures Target Expanded Access to Affordable Housing 2 days ago December 5, 2018 4,029 Views Economic Growth Hispanic Homeownership Hispanic Wealth Project The Urban Institute 2018-12-05 Donna Joseph Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Economic Growth Hispanic Homeownership Hispanic Wealth Project The Urban Institute Related Articles About Author: Donna Joseph Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Previous: In Memoriam: President George H.W. Bush Next: Regulation Vs. Added Costs Subscribe A Closer Look at Hispanic Homeownership The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Media, News, Servicing Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save
News UpdatesPoor Farmers Cannot Be Denied Payment Of Insurance Due To Pending Issue Between Insurance Company, State Government And The Bank:Rajasthan HC [Read Order] Monisha Purwar1 Aug 2020 12:25 AMShare This – xThe Rajasthan High Court directed Agricultural Insurance Company of India (AIC) to release the amount due to the petitioner farmers of Satalana village under the Pradhan Mantri Fasal Bima Yojna within a period of four weeks from the date of order. The order was passed in a Public Interest Litigation filed before the High Court by the Sarpanch of Satlana gram panchayat Bhala Ram Patel…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Rajasthan High Court directed Agricultural Insurance Company of India (AIC) to release the amount due to the petitioner farmers of Satalana village under the Pradhan Mantri Fasal Bima Yojna within a period of four weeks from the date of order. The order was passed in a Public Interest Litigation filed before the High Court by the Sarpanch of Satlana gram panchayat Bhala Ram Patel on behalf of thousands of farmers of the village who haven’t received insurance claims due to them for two seasons- Kharif 2016 and Kharif 2017 of crop failure. The farmers who have been denied their insurance cover for Kharif 2016 since three years had alleged in their petition to the Court that the insurance company AIC is making absurd excuses to deny the insurance claim due to the farmers owing to a substantial yield loss in the season of Kharif in the year 2016. The division bench comprising of Chief Justice Indrajit Mahanty and Justice Vijay Bishnoi noted that the insurance company has calculated the claims and dues of farmers of the village Bank and has computed the payable dues to the farmers to be around Rs. 81 lakhs. The Co-operative bank where the farmers held their accounts had provided the requisite details of the dues of 1052 Satlana farmers who had paid their insurance premium to AIC on its demand to provide a soft copy of their claims. The amount of claim was arrived in accordance with the provisions of the Pradhan Mantri Fasal Bima Yojna scheme. However, the insurance company had submitted to the Court that it was entitled to get subsidy from the State Government as well as premium from the Co-operative bank with respect to this insurance policy claim due to the farmers and the same had not been received by it. The Court stated that the issue of disputed subsidy and premium due to the Insurance Company by the State and the Co-operative Bank cannot come in the way of payment due to farmers while ordering the entities to resolve issues between. “We leave these things to be sorted by the respondents concerned and if the State Government is required to pay any subsidy to the Insurance Company and the Co-operative Bank is required to pay any premium, they shall settle the issue between themselves.” Finally, the Court took into account the long-lasted anguish of the poor farmers due to the non-payment of insurance money which was due to them since 2016 and ordered the Insurance Company to clear the said dues of farmers for Kharif 2016 within four weeks. It stated that “The petitioners, who are poor farmers and anguishing years together for payment of insurance, cannot be denied that benefit due to any pending issue between the Insurance Company, State Government and the Bank. We therefore, direct the respondent No.2- Insurance Company to immediately release the amount due to the petitioners-farmers in accordance with Annexure-R/2/18 within a period of four weeks from today.” The Court has also ordered the Insurance Company to file a compliance report with the Court within two weeks after the elapse of the four week time period provided for clearing the dues of the farmers. The matter has been listed for 16th September, 2020 along with an order to filer a compliance report by the date of the next listing.Click Here To Download Order[Read Order] Next Story