-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...

-Business Standard Bright sunshine, however, offsets damage Rains and thunderstorms accompanied by hailstorm in some places have flattened standing wheat, mustard and coriander crop in some parts of Punjab, Haryana, western Uttar Pradesh and Madhya Pradesh. However, the situation is not as grim as last year because the showers have been followed by bright sunshine. Agriculture scientists say the weather over the next few days will hold the key and if the hailstorm...

Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...

-Hindustan Times Bhubaneswar/ Dongargarh: PM Narendra Modi wooed rural India on Sunday, inaugurating a rural-urban or Rurban mission at Dongargarh in Chhattisgarh and exhorting Odisha farmers to sign up for his government’s crop insurance scheme. The Shyama Prasad Mukherji Rurban Scheme, aimed at improving basic infrastructure, was launched from the Maoist-hit district of Rajnandgaon. “When we talk of smart cities, why can’t we talk of smart villages? The villages in our country...

-The Hindu Business Line Farmers’ incomes are too inadequate for actuarial premium rates to work for them The farm crisis in India continues unabated, proving all the governmental nostrums ineffective. Unfortunately, the new crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — recently cleared by the Union Cabinet, to be implemented from the kharif crop cycle beginning this June, too, is unlikely to bring in any significant relief to...