-The Hindu Business Line Short tenure of the policy is its biggest drawback. With El Nino expected to mar the monsoon this year, insurers may stay away A normal monsoon in 2016, after two years of drought, has not only led to a bountiful harvest for farmers, but also filled the coffers of private insurers. The Kharif 2016 season resulting in lower claims has helped private insurers in particular rake in good profits...
More »SEARCH RESULT
Total Matching Records found : 98
How the Krishi Kalyan Cess funded flagship schemes for farmers -Sayantan Bera
-Livemint.com Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17 New Delhi: Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17, budget documents presented in the parliament on Wednesday showed. The central government is spending money from this corpus...
More »Official data exposes Centre's inflated claims on success of agriculture insurance scheme -Jitendra
-Down to Earth The number of non-loanee farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the same period in 2015 On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...
More »26.5% farmers sought coverage under PM's crop insurance scheme -Madhvi Sally
-The Economic Times NEW DELHI: The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched during the 2016 kharif season to help farmers insure their crops against natural calamities has provided coverage to 366.64 lakh farmers (26.50%), the agriculture ministry has said. The ministry expects the scheme to exceed the target of 30% coverage for both kharif and rabi seasons in 2016-17. The scheme covers 388.62 lakh hectare with sum insured of Rs 1, 41,339...
More »More than 26% of farmers covered under govt's crop insurance scheme
-The Financial Express More than 3.66 crore farmers of the estimated 14 crore in the country were enrolled with the NDA government’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) in the recently-concluded kharif season (2016-17) and overall coverage of crop insurance is set to surpass the target set for the year, an agriculture ministry statement on Wednesday stated. “As on date the scheme has provided coverage to 3.66 crore farmers (26.50%) and...
More »
