In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
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Enrolment under PMFBY crop insurance scheme sees steep decline -Sayantan Bera
-Livemint.com Delayed assessment of loss and settlement of claims by insurance companies may have led to farmers losing faith in Pradhan Mantri Fasal Bima Yojana, say analysts New Delhi: Sharad Markad, a lanky teenager from a marginal farming family in Maharashtra, spent the first day of 2019 scrounging for funds. Faced with a drought, the third in the past five years, Markad had taken it upon himself to build a community cattle...
More »Slumping potato prices hit farmers, but worse is yet to come -Kiran Pandey
-Down to Earth Farmers and cold storage owners pay the price of producing and storing bumper Crops as wholesale prices dip by 39-50 per cent in December Hit by low wholesale prices, potato farmers in Uttar Pradesh and Punjab have not been able to recover even the production cost of the crop as market price of potatoes crashed by 39-50 per cent in December 2018, shows the latest report on the crop...
More »Fundamental flaws in crop insurance scheme's design makes it ineffective -Devinder Sharma
-Livemint.com The government did not visualize there were problems in the way it was designed, the methodology itself was faulty Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship programme launched with much fanfare in 2016, has run into rough weather. With both the area covered and the number of enrolled farmers declining, the country’s premium crop insurance scheme is certainly in need of an overhaul. While Parliament’s committee on estimates, chaired by senior...
More »India's Cow Crisis Part 2: Threat of decline looms over livestock economy after 35 years' growth -Jitendra
-Down to Earth The circular economy of cattle has ruptured, threatening livelihoods of India’s poorest. The value output of the livestock economy is Rs 9.18 lakh crore, managed mostly by small and marginal farmers It is almost a year since Rahamdin Khan hasn’t got any good sleep. A resident of Khoabas, a bucolic village of 500 households at the foothills of Aravalli mountain range in Rajasthan’s Alwar district, Rahamdin witnessed a cruel...
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