Why do food factories get rich, but farmers struggle? (Via MintLounge)

Read here: https://lifestyle.livemint.com/food/discover/why-do-food-factories-get-rich-but-farmers-struggle-111623130844148.html

The World Bank’s pessimism comes from the rather slow pace of vaccination in the country, along with the surge in covid caseloads.

Of course, even the revised numbers mask the severity of the pandemic’s impact on India.

https://www.livemint.com/market/mark-to-market/what-does-the-world-bank-s-forecast-say-about-india-s-recovery-11623230149973.html

In a bid to increase the farmers' income, the Union Cabinet on Wednesday approved an increase in minimum support prices (MSP) for various kharif crops or the summer-sown crops for marketing season 2021-22.

The Centre has hiked paddy MSP by ₹72 to ₹1,940 per quintal for 2021-22 crop year from ₹1,868 per quintal last year.

https://www.livemint.com/news/india/cabinet-approves-hike-in-msp-for-kharif-crops-details-here-11623231583858.html

#MintPrimer | Technology giants are strengthening privacy protections for their users, making it harder for advertisers to track them online.

The intense regulatory effort worldwide is forcing many firms to review advertising policies meant to serve targeted digital ads.

Mint explores.

https://www.livemint.com/technology/tech-news/how-privacy-first-rules-can-impact-users-advertisers-11623260257398.html

The world’s wealthiest 500 individuals are now worth $8.4 trillion, up more than 40% in the year and a half since the global pandemic began its devastation.

Meanwhile, the economy’s biggest winners, the tech corporations that created many of these vast fortunes, pay lower tax rates than grocery clerks, and their mega-wealthy founders can exploit legal loopholes to pass huge windfalls onto heirs largely tax-free.

https://www.livemint.com/companies/news/how-much-tax-some-of-the-world-s-richest-pay-11623304381293.html

There are multiple reasons related to the rejection of covid health insurance policy claims.

Parag Raja, Managing Director and Chief Executive Officer, Bharti AXA Life Insurance lists out the main reasons why a #COVID19 claim may be disapproved

https://www.livemint.com/insurance/news/this-is-when-insurers-may-reject-covid-health-insurance-claim-11623307569035.html

IIT Delhi director V. Ramgopal Rao has written to his colleagues, giving a six-point diagnosis of the recently released QS World University Ranking

https://www.livemint.com/education/news/world-university-ranking-how-iit-delhi-analyses-the-outcome-11623398384018.html

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Bennett is a religious Jew who made millions in the mostly secular hi-tech sector; a champion of the settlement movement who lives in a Tel Aviv; a former ally of Benjamin Netanyahu who has partnered with centrist and left-wing parties to end his 12-year rule.

Here's a look at Israel's next leader

https://www.livemint.com/news/world/who-is-naftali-bennett-israel-s-new-leader-11623632180412.html

#MintLongStory | On 6 May, a flight took off from Nagpur with a covid patient. Unknown to the pilots, it had lost a wheel during takeoff

The aircraft manual, which the pilots usually rely on for response measures during an emergency, had no standard operating procedure when faced with a missing landing gear

https://www.livemint.com/news/india/inside-the-cockpit-during-a-mid-air-scare-11623599978295.html

Mitra said that bureaucrats have taken over key committees which result in undermining the powers of the elected members of the Council.

https://www.livemint.com/news/india/gst-council-has-become-authoritarian-amit-mitra-11623662498178.html