-Business Standard The state demands that the insurance scheme should cover the produce lying in market yards, waiting to be bought by agencies Chandigarh: The Pradhan Mantri Fasal Bima Yojana, hailed as one of the most farmer-friendly crop insurance schemes of independent India, has run into rough weather in Punjab. The state is at loggerheads with the Centre over the efficacy of the crop insurance scheme. "The new scheme provides an indemnity level...
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Onion prices up on minimum export price exemption -Dilip Kumar Jha
-Business Standard India exports onion largely to Saudi Arabia, Colombo and some other far-east countries with an estimated annual volume of 1.5 million tonnes Onion prices have started firming up, in the wake of the government’s move to abolish minimum export price (MEP) on the vegetable. While most markets in Maharashtra remained closed on account of Christmas and other festivals, prices of onion in Delhi markets moved up by Rs 100 to Rs...
More »Pulses may remain beyond reach for many in 2016 too -Jayashree Bhosale
-The Economic Times PUNE/NEW DELHI: Pulses will likely remain beyond the reach for many in 2016 as well. Even though a fresh kharif crop has started arriving in the market, whole beans of tur (pigeon pea) cost twice as much as last year because the output is expected to be smaller. Government agencies that entered the market to create a buffer stock for next year are finding it tough to buy tur because...
More »Cabinet approves additional 50 days of work for rural households in drought-hit areas -Vishwa Mohan
-The Times of India NEW DELHI: With India's 40% of the area facing drought situation due to deficient Monsoon rainfall, the government on Wednesday approved additional 50 days of employment over and above 100 days per household per year under the MGNREGA in drought affected areas. The move to increase the days of employment from 100 days to 150 days was approved by the Union Cabinet, which met under Prime Minister Narendra...
More »Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes
-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...
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