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Bengal CM Mamata Banerjee pegs loss due to cyclone Bulbul at Rs 50,000 crore

-PTI Those who have enrolled their names for the state government's crop insurance scheme would get 100 per cent coverage for their loss, Mamata Banerjee asserted. West Bengal Chief Minister Mamata Banerjee, after conducting an aerial survey of cyclone Bulbul-hit areas in North 24 Parganas, said on Wednesday that the loss incurred by the state due to the natural calamity might go up to Rs 50,000 crore. Mamata Banerjee handed over a cheque...

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Satellite imagery, artificial intelligence to improve farm yields in Maharashtra -Kavitha Iyer

-The Indian Express The Maha Agri Tech project attempts to mitigate agricultural risks by using data anlytics to plug gaps. Launched in January this year, the Maha Agri Tech project seeks to use technology to address various cultivation risks ranging from poor rains to pest attacks, accurately predict crop-wise and area-wise yield and eventually to use this data to inform policy decisions including pricing, warehousing and crop insurance. When farmers in...

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Noted Gandhian economist Dr Sudarshan Iyengar interviewed by Rutam Vora (The Hindu Business Line)

-The Hindu Business Line Noted Gandhian economist Dr Sudarshan Iyengar surveys the distressed agricultural landscape, pinpoints its weaknesses, and prescribes solutions with their roots in Gandhian agronomics. Edited excerpts from an interview to BusinessLine: * Given the agrarian crisis in India today, how relevant are Gandhi's economic principles based on the village economy, and equitable distribution of resources? They are relevant in the context of Gandhi's view of gram swaraj (village self-rule), which...

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Premium rates under PM Fasal Bima Yojana continue to rise, pinching farmers and the govt -Rajalakshmi Nirmal

-The Hindu Business Line Insurance companies say changing guidelines under PMFBY have increased their costs Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY). Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in...

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Under farm scheme, Odisha spent Rs 170 crore on over 3 Lakh ineligible beneficiaries

-TheWire.in The opposition has accused the state government of hastily implementing the KALIA scheme with an eye on elections. New Delhi: The Odisha government has found that it provided the benefit of its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme to 3.41 lakh ineligible beneficiaries, The Hindu reported on Wednesday. This has led to the state exchequer spending Rs 170 crore more than it needed to on the scheme. Prior to...

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