-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...

-The Pioneer Raipur: Chhattisgarh the rice bowl of India has managed to maintain stable paddy production this year despite drought conditions prevailing in several districts of the State. The Indira Gandhi Agricultural University (IGAU) Scientists claim that except rainfall dependent fields which were devoid of showers, other regions in the State have continued to maintain the ‘good old agricultural standards’. “It is appreciable to notice that paddy farming had been carried out in...

The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...

-Business Standard Monsoon starts withdrawing from northwest, complicating projections for kharif output Monsoon has started withdrawing from the northwestern region of the country, India Meteorological Department (IMD) said on Friday. “The southwest monsoon has withdrawn from western parts of Rajasthan,” the department said. The conditions are favourable for further withdrawal of the monsoon from northwest India in the next three-four days, it added. According to economists, it is too early to predict the impact...

-Business Standard CRISIL Ratings identifies four states and five crops at highest risk to deficient monsoon Within the next 40 days, the southwest monsoon will formally start retracting from the Indian mainland, ending its four-month journey over the country, pounding some parts with excess showers, but could leave almost 30 per cent of the country with deficient or less-than-normal rains, unless there is an abnormal pickup in the coming weeks. That looks highly...