Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-Business Standard Indian farming was transformed after the mid-60s, on a wave of new agri technology and allied changes, but the costs of this model can no longer be ignored or its addressing be postponed It was around the mid-1960s when the Paddock brothers, the ‘prophets of doom’, predicted that in another decade, recurring famines and an acute shortage of foodgrain would push India towards disaster.   Their prophecy was based on a...

-Hindustan Times Commerce minister Nirmala Sitharaman has said that the WTO will have to give a permanent solution to India’s food security issue. HT explains. * What has WTO got to do with food security? The World Trade Organisation was established in 1995 to facilitate trade among members, who now number at 161. The WTO facilitates trade through rounds of negotiations — there have been nine rounds till now, the latest being the...

-The Hindu Business Line A creeping crisis in soyabean in Madhya Pradesh has given rise to this contradiction. Different policies are called for The Indian policymaker seems to suffer from the musk deer syndrome. The musk deer is a rare species that produces musk in its own body. But it does not realise this and searches endlessly for the source of the aroma. India faces a similar dilemma. On the one hand, the...

-Livemint.com   The main focus of the survey was to find out if the drought and adverse weather over the past few years is turning into a famine    New Delhi: Even as half of India is reeling under a second consecutive drought year, a survey of the chronically drought-striken Bundelkhand region of Uttar Pradesh has unearthed grim details of crop loss, disputes over water, starvation, and deaths due to hunger and malnutrition. The...