-The Financial Express In a bid to curb delays in settlement of claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the government on Tuesday asked states to release their share of subsidy along with the Centre so that farmers’ claim could be settled in a time-bound manner. “Number of states have withheld releasing their share of subsidy under PMFBY. Henceforth, we many not release our share (of subsidy) till states...
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Crop Insurance scheme: 70 lakh covered, says govt; farmer leaders claim 40 per cent left out -Zeeshan Shaikh & Shubhangi Khapre
-The Indian Express Core committee plans to start agitation from August 14 Mumbai: The Maharashtra government said Monday almost 70 lakh farmers out of the total 1.36 crore across the state had registered themselves for the crop insurance scheme this year. The figure almost meets the state target of 78 lakh envisaged in the beginning of the kharif season, even as farmer leaders said 40 per cent farmers could not avail...
More »Are farmer movements in India changing course? -Sayantan Bera
-Livemint.com Unlike the dhoti-clad, topi-wearing quintessential ‘kisan’, the new Indian farmer is vocal and tech-savvy New Delhi: In the winter of 1988 when the feisty farmer leader from Uttar Pradesh, Mahendra Singh Tikait, laid siege to Delhi with thousands of cultivators and their cattle literally creating a mess of the boat club lawns, agriculture’s share in India’s gross domestic product (GDP) was about 30%. About three decades later, the farm sector’s share in...
More »Farmers await crop insurance payout, 55% claims pending -Sayantan Bera
-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...
More »Rains, tomato crisis: Will farmers be better off buying private insurance? -Subhomoy Bhattacharjee
-Business Standard Farmers are not getting enough protection as states mostly do not pay the premium they should With the rains falling in abundance and tomatoes refusing to do so, agriculture economy experts have a lot to say on what both mean for the sector. Both pose a risk to farmers — of floods and of lack of pricing power. Yet the farmers don't have much to fend those off since agricultural insurance...
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