-Down to Earth   Too high a premium for too little cover Maharashtra government appears to have learnt no lesson at all from the hailstorms that lashed the entire state in March this year, and yet again lashed several districts in May, if its new decision to include three orchard crops - orange, sweet lime and guava - in its Weather Based Crop Insurance Scheme (WBCIS) on an experimental basis during the current...

-The Hindu Business Line   Loan write-offs will become redundant if we have a robust crop insurance system The Chief Minister of residual Andhra Pradesh N Chandrababu Naidu may have bought time in implementing his lavish pre-poll promise of waiving ₹54,000 crore worth of farm loans. The decision to appoint an expert committee to recommend guidelines on the waiver may well be a ploy to defer - even soften - the impact of...

-The Diplomat   Climate change is stressing an already struggling farm sector, but there is a way forward. Over the last decade, India's official position in global climate negotiations has been one of opposition to agricultural mitigation. At Doha (COP18), India joined other developing countries in demanding that any talk about agriculture must be in the realm of adaptation, not mitigation. India considers the farm sector out of bounds with respect to emissions...

-The Business Standard   Badly structured insurance leaves Indian farmers exposed Ever since its inception in the early 1970s, agricultural insurance has defied all attempts to make it farmer-friendly and economically viable. Over half a dozen different models for farm risk management have been tried out, but with little success. The systems currently used - the National Agricultural Insurance Scheme (NAIS) and the Modified NAIS (MNAIS) - were objected to by the Insurance...

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...