-Livemint.com Spending on irrigation, crop insurance to be doubled; e-platform to be developed for farm produce New Delhi: The government is set to double annual spending on irrigation and crop insurance, and develop a national digital platform for farm produce in order to ensure better prices for farmers, as part of a push to reduce rural distress following the first back-to-back drought in India in three decades. “We’re expecting that the new...
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Centre okays Rs 4,000 crore for 7 drought-hit states
-The Times of India NEW DELHI: The Centre on Monday approved relief assistance of over Rs 4,000 crore for seven drought-affected states from the National Disaster Relief Fund (NDRF). The maximum Rs 1,737.65 crore will be released to Tamil Nadu, followed by Rs 1,193.41 crore to Rajasthan, Rs 336.94 crore to Jharkhand, Rs 332.57 crore to Assam, Rs 280.19 crore to Andhra Pradesh, Rs 170.19 crore to Himachal Pradesh and Rs 16.02...
More »Punjab seeks inclusive crop insurance scheme -Komal Amit Gera
-Business Standard The state demands that the insurance scheme should cover the produce lying in market yards, waiting to be bought by agencies Chandigarh: The Pradhan Mantri Fasal Bima Yojana, hailed as one of the most farmer-friendly crop insurance schemes of independent India, has run into rough weather in Punjab. The state is at loggerheads with the Centre over the efficacy of the crop insurance scheme. "The new scheme provides an indemnity level...
More »New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera
-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...
More »Centre gives Rs 3050 crore to drought-hit Maharashtra, Rs 2033 crore to Madhya Pradesh -Vishwa Mohan
-The Times of India NEW DELHI: The Centre on Tuesday approved financial relief assistance of Rs 3050 crore for drought-hit Maharashtra and Rs 2033 crore for Madhya Pradesh. The financial assistance will be given to these states from the National Disaster Relief Fund (NDRF). The decision was taken by a high-level committee after examining the proposals based on the report of the central team which visited the severe drought affected states in...
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