-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...

-The Hindu Business Line New Delhi/Bengaluru: The rapid progress of the south-west monsoon across the country has accelerated the Sowing pace of key kharif crops such as rice, pulses, oilseeds and cotton. The south-west monsoon, the lifeline of India’s agriculture, has covered the country two weeks ahead of schedule. Agriculture Ministry data showed that kharif planting has been done in 165.62 lakh hectares so far this year, against 134.18 lakh hectares in...

-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...

-The Hindu Paddy, maize, groundnut, and castor likely to see low yield, says report. This year’ s farm output may fall by only around 4.5 per cent despite the projection of a strong El Nino year by the India Meteorological Department, says a recent report. During the previous El Nino years, farm production fell by an average of 8% across all major crops. A normal monsoon, however, could lead to a 0.6-%...

-The Hindu Hyderabad (Telengana): Delay in commencement of institutional credit disbursement likely to affect Sowing. Credit requirement for kharif operations is nearly Rs. 26,000 crore. Notwithstanding the copious rains received in most parts of Telangana and availability of seed and fertilizer in ample quantities, the delay in commencement of institutional credit disbursement, crop loan release by banks, is likely to affect the Sowing operations in the current kharif season. Credit requirement Though the Agriculture...