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Union Budget set to boost farm sector -Sayantan Bera and Gyan Verma

-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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New insurance scheme aims to cover 50% of farmers -Sayantan Bera

-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...

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e-agri platform to be launched on April 14: Modi

-PTI He said this platform will enable the farmers, using a mobile phone, to sell their produce anywhere in the country. SEHORE (MP): A digital platform for enabling farmers to sell their produce at a better rate anywhere in the country will be launched on April 14, Prime Minister Narendra Modi announced in Sehore on Thursday as he resolved to ensure doubling of the farmers’ income by 2022. Mr. Modi, who unveiled guidelines...

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Pulses buffer stock plan hits quality wall -Sandip Das

-The Financial Express The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only lentils that meet the Food Safety and Standards Authority of India. The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only...

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Centre hikes pulses MSP but experts say too little, too late

-The Indian Express The minimum support price (MSP) for the two pulse crops has been raised by Rs 250 per quintal over their levels in the 2014-15 rabi season. In a bid to encourage farmers to grow more pulses amidst soaring dal rates, the Centre Thursday increased the procurement price of chana (gram) and masur (lentil) planted in the current rabi season by around 10.5 per cent.   The minimum support price (MSP) for...

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