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Drop the crop insurance plan -Ramesh Chand & Sumedha Bajar

-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...

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'38% of rural, 16% of urban households hold BPL cards'

-Business Standard 46% of rural, 23% of urban households purchased subsidised rice through public distribution system While a national list of the actual number of poor in India, based on the socio-economic CASTE survey, is expected to be released shortly, 38 per cent of rural and 16 per cent of urban households currently possess 'below poverty line' (BPL) cards, according to a new report from the Ministry of Statistics and Programme Implementation....

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Think tank report hints at diversion of cheap farm loans -Puja Mehra

-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...

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‘Housing for all’ Shelter scheme to exclude rental plan -Shalini Nair

-The Indian Express As per the earlier proposal, the Centre was to provide for 75 per cent of the construction cost of rental units. As Prime Minister Narendra Modi unveils the ‘Housing for All’ by 2022 on Thursday, rental housing, proposed with an outlay of Rs 6,000 crore, will now be missing from the NDA government’s flagship shelter mission. According to officials, the mission originally had provisions for creation of urban rental...

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Odisha to empower tribal women through dairy cooperatives

-IANS Bhubaneswar: Odisha will empower tribal women through diary cooperatives so that they get opportunities to earn more, an official said on Wednesday. State-run dairy cooperative Orissa State Cooperative Milk Producers' Federation Limited (OMFED) has received Rs.46.45 crore from the union tribal affairs ministry to implement this, OMFED chairman Bishnupada Sethi said. Tribal women play a significant role in animal husbandry. Women constitute 70 percent of the labour force in livestock farming, while...

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