-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly incomes, a high proportion of...
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Step up agri-spending, boost farm incomes -Poornima Varma
-The Hindu India’s poor AOI is a stark reminder of the need to attain a key sustainable development goal of higher agri-growth While the overall budgetary allocation towards the agricultural sector has marginally increased by 4.4% in the Union Budget 2022-23, the rate of increase is lower than the current inflation rate of 5.5%-6%. The Food and Agriculture Organization (FAO) of the United Nations (UN) report for 2001 to 2019 shows that,...
More »A cutback in PMFBY funding may further affect the timely release of compensation for crop failures
On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
More »Blissful ignorance -Jayati Ghosh
-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...
More »Evidence (2004–20) on Holistic Benefits of Organic and Natural Farming in India: CSE
-Centre for Science and Environment India has one of the highest arable land areas in the world1 with a net sown area of 140.1 million hectares (ha).2 Agriculture and allied sectors employ 54.6 per cent of the total workforce in India (2019–20).3 The country successfully adopted the Green Revolution in the 1960s—an input and chemical-intensive agriculture model—to overcome food scarcity by use of high yield varieties, pesticides, fertilizers, and agriculture machinery...
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