-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...

-Financial Chronicle Return for farmers could grow as overall output of cereal crops has remained stable With growing health awareness and relatively lower costs, millets are making a strong comeback after experiencing negative growth for several years. Millets, which are coarse cereals, need less water and are hence preferred by farmers in areas where there is a shortage of water. The crop is also favoured because of its productivity and short growing...

-Livemint.com Raman Singh govt requests Centre for nearly Rs4,000 crore in assistance to carryout relief operations New Delhi: Chhattisgarh has become the sixth state to declare a drought and the fourth so far to seek central aid. The state government said that 25 of its 27 districts have been drought-hit. Earlier, Karnataka, Maharashtra, Odisha, Madhya Pradesh and Andhra Pradesh declared a drought in 110 of their districts. “Based on a prima facie evaluation, the cabinet...

-Livemint.com State seeks Rs300 crore more for drinking water supply and Rs750 crore for waiving off interest payments on loans New Delhi: Madhya Pradesh has declared 35 out of 51 districts in the state as drought affected and sought an initial central assistance of Rs.2,400 crore, indicating deepening rural distress. Karnataka, Maharashtra and Odisha have already declared parts of their state as drought affected. Madhya Pradesh finance minister Jayant Malaiya and agriculture minister...

-Livemint.com A pair of eggs costs less than Rs8 today whereas 100gm of tur dal costs between Rs16 and Rs20 New Delhi: The recent spurt in the prices of pulses is causing much heartburn to governments and consumers. But this is not the first time that prices of pulses have shot up; within the foodgrain basket, production and price shocks are fairly regular for pulses but rare for rice or wheat. So, how...