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New crop insurance scheme will cover 50% of farmers: Jaitley -Deepa Nair

-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...

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Chhattisgarh to increase PDS outlets

-The Pioneer Raipur: Chhattisgarh State Assembly on Saturday passed budget grant demands of Rs. 2248 crore for food, civil supplies, consumer protection, planning, village industry, economic statistic and twenty points programme implementation department with voice vote. The Government has announced in Assembly to increase the number of PDS outlets across the State. Answering a discussion on budget demand proposals for the various departments, Food Minister Punnulal Mohle informed that around Rs. 2099.93 crore...

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Farmers' prospect destroyed by erratic rains

Like 2015, this year too unseasonal rainfall and hailstorm have taken the farmers by surprise. Recent media reports suggest that extreme weather event has damaged rabi crops in a number of states from north India. The Weekly Weather Report prepared for the week spanning 10-16 March, 2016, which was issued by the India Meteorological Department (IMD), shows that excessive rainfall was observed in Jammu and Kashmir, Himachal Pradesh, Punjab, Uttarakhand,...

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Costlier food continues to hurt southern States -Maulik Madhu

-The Hindu Business Line In 2015, vegetable, milk and cereal inflation was higher than all-India average   While food prices rose at a slower pace across India in 2015, the poor in the South and certain other parts of the country saw no respite and had to continue spending more for a decent meal. Manipur, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu and Jammu & Kashmir faced higher food inflation in 2015 compared with 2014,...

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Why should we not revoke Bollgard II patent, Centre asks Mahyco Monsanto -KV Kurmanath

-The Hindu Business Line Govt acts on a letter from farmers’ union on bollworm developing resistance to technology   Hyderabad: Even as it announced a nation-wide uniform price for cottonseed for the upcoming kharif season, the Union government has asked Mahyco Monsanto Biotech (India) Limited why it should not revoke the patent it granted for the Bollgard II technology. The Department of Industry Policy and Promotion (DIPP) has served a show cause notice to...

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