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Pradhan Mantri Fasal Bima Yojana -- a good scheme with flawed implementation, says CSE's latest report

-Centre for Science and Environment New Delhi: Centre for Science and Environment (CSE) released here today the first detailed independent evaluation and analysis of the Pradhan Mantri Fasal Bima Yojana (PMFBY) – government’s flagship national agricultural insurance programme. Across the world, agriculture insurance is recognised as an important part of the safety net for farmers to deal with the impacts of extreme and unseasonal weather due to climate change. Releasing the report...

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On Government's Claims Of Creating 7 Crore Jobs, A Fact Check -Sreenivasan Jain and Manas Pratap Singh

-NDTV The government's reliance on the MUDRA scheme of lending to small businesses to create jobs has not had the kind of result being advertised. New Delhi: Facing heat for not being able to back its promises of job creation, the Centre and the BJP have repeatedly cited the success of its MUDRA scheme, an acronym for Micro Units Refinance and Development Agency, meant to promote lending to small businesses. Speaking earlier this...

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Think beyond loan waivers -Ramesh Chand & SK Srivastava

-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...

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Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari

-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...

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Maharashtra makes drip irrigation mandatory for sugar cane cultivation -Abhiram Ghadyalpatil

-Livemint.com Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap of Rs. 85,400 per hectare Mumbai: In a significant move, the Devendra Fadnavis government in Maharashtra on Tuesday decided to make drip irrigation mandatory for sugar cane cultivation over 3.05 lakh hectares in the state. Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap...

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