-Livemint.com Under the flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana, Rs5,875 crore, or just 45%, has been paid to farmers, agriculture ministry data shows New Delhi: Farmers who suffered crop losses in 2016-17 are yet to receive insurance compensation for 55% of estimated claims under the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY), shows latest numbers from the agriculture ministry. The data shows that insurance companies collected Rs22,338 crore in 2016-17...
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Are farmer suicides on the wane? -Sayantan Bera
-Livemint.com 2016 recorded the lowest suicides in the farm sector in over two decades, shows data shared by agriculture minister Radha Mohan Singh New Delhi: There is little doubt that 2016 was replete with positive data on agriculture sector—a normal monsoon, record production of grains and perishables, and a rebound in the farm sector growth after consecutive years of drought-induced dismal performance. However, this positive data failed to lift farmers’ sentiment because...
More »Crop Insurance: A flagship scheme that may flatter to deceive -Harish Damodaran
-The Indian Express For farmers, a uniform 2 per cent premium rate on sum insured (SI) for all kharif or monsoon season foodgrains and oilseeds, while 1.5 per cent for rabi winter crops and 5 per cent for annual commercial and horticultural crops, is the lowest they can hope for. The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima...
More »At employment exchanges, rise in applications but less than 1% get jobs -Sunny Verma & Sandeep Singh
-The Indian Express While Gujarat comes on top in terms of providing placement through exchanges, it isn’t the top state when it comes to the number of job-seekers. That’s Tamil Nadu with more than 80 lakh registrations with employment exchanges in first nine months of 2015, as against Gujarat which had only 6.88 lakh registrations. With the exception of Gujarat, where employment exchanges have consistently clocked an over 30 per cent...
More »Farm insurance scheme suffers from flawed execution: CSE
-The Hindu Business Line New Delhi: India’s flagship national agricultural insurance programme — Pradhan Mantri Fazal Bima Yojana (PMFBY) — is found seriously wanting in its implementation at ground level, New Delhi-based Centre for Science and Environment (CSE) said on Friday. “PMFBY is a classic case of poor implementation of a good scheme,” said Chandra Bhushan, CSE deputy director, at a meeting here. This is because at the State level, PMFBY vision...
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