-Voice of America NEW DELHI: Unseasonable rains and hailstorms have damaged wide swathes of crops in India, one of the world’s biggest producers of commodities such as wheat. The government has promised to enhance compensation for millions of farmers, who are staring at huge losses. Rains lashed much of India through March -- normally the time when dry Weather and rising temperatures ripen the wheat crop, making it ready to harvest. Besides wheat,...
More »SEARCH RESULT
Only 19% of farmers have crop insurance, says Assocham study
-The Hindu Business Line New Delhi: Less than 20 per cent Indian farmers have crop insurance, exposing a majority of them to the vagaries of Weather and leading some of them to take their lives, as is being reported after untimely rains damaged Rabi crops. According to an industry chamber Assocham-Skymet Weather study released on Sunday, at the all-India level, only 19 per cent farmers reported ever having insured their crops. The...
More »In Vidarbha, First the Skies Dried Up, Then the Government's Promises -Sreenivasan Jain
-NDTV Vidarbha, Maharashtra: First the skies dried up, and then it rained heavily, too heavily for Ramesh Khamankar's cotton crop. In January, the cotton farmer from Maharashtra's Vidarbha region poisoned himself to death. The crisis that has engulfed this region this year was not just of bad Weather, but also one which had its origins miles away from the ruined cotton fields of Vidarbha. Falling demand from China pushed down the...
More »From plate to plough: A Baisakhi gift for the farmer -Ashok Gulati
-The Indian Express Unseasonal rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...
More »The Centre asks Bankers to Restructure Crop Loans and Insurance
-Press Information Bureau/ Ministry of Agriculture The Central Government has asked State Level Bankers' Committees to facilitate timely restructuring of crop loans. With restructuring, the loan repayment period would be extended. The Home Ministry has also written to states to keep 10% of SDRF fund reserved for "local disasters" such as heavy rain which are to be declared at par with national disasters and use this money for distressed farmers. This...
More »