-The Hindu The Pradhan Mantri Fasal Bima Yojna (PMFBY), which the NDA government showcases as the shield against all risks faced by farmers, has failed to be universal because there is a need for a comprehensive crop and income insurance scheme covering income and yield risks for all farmers and all crops. All India Kisan Sabha joint secretary Vijoo Krishnan said on Tuesday that farmer suicides had continued nationwide for more than...
More »SEARCH RESULT
Total Matching Records found : 229
NDA junks the ‘dumb peasant’ argument -Anil Padmanabhan
-Livemint.com Traditionally, public policy has tended to view Indian farmers as what is described in economic history as the “dumb peasant” Last week, the National Democratic Alliance (NDA) government launched a revamped crop insurance scheme. At first glance, the scheme, christened Pradhan Mantri Fasal Bima Yojana, looks mostly like a reworking of the risk cover already in place; actually, it is much more. Not only does it take a big step in de-risking...
More »New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera
-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...
More »Ramesh Chand, Member, NITI Aayog speaks to Richa Mishra and Surabhi
-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...
More »Onion Prices Start Rising Again on Tight Supply
-Outlook Onion prices at Lasalgaon in Maharashtra, Asia's biggest wholesale market for the staple, have started rising again due to supply concerns as the old stock has been exhausted, while the fresh kharif crop this year is expected to be 25-30 per cent lower. Onion price, which had touched the record Rs 57 per kg in August at Lasalgoan, showed a declining trend after the Centre took several steps including hike in...
More »
