Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-PTI NEW DELHI: Farmers have lost more than 10 million tonnes of rabi crops, valued at above Rs 20,000 crore, due to unseasonal rainfall and hailstorm in February-April this year, CSE said in a report. India may have to import 10 lakh tonnes of wheat in 2015-16 as about 68.2 lakh tonnes were lost due to unseasonal rainfall, the Centre for Science and Environment (CSE) said in its report, titled 'Lived Anomaly'. In...

-Livemint.com   The main focus of the survey was to find out if the drought and adverse weather over the past few years is turning into a famine    New Delhi: Even as half of India is reeling under a second consecutive drought year, a survey of the chronically drought-striken Bundelkhand region of Uttar Pradesh has unearthed grim details of crop loss, disputes over water, starvation, and deaths due to hunger and malnutrition. The...

-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...

-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...