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...

-The Times of India GUNTUR: Jinkala Satyanarayana of Pedapalem village under Atchampet mandal took four acres on lease and sowed cotton in 75 per cent of the plot. In the remaining acre, he opted for chilli cultivation. He spent about Rs 3 lakh for agriculture operations, but the crop failed to his great shock. With the 45-year-old depending entirely on moneylenders to secure loans, the debts rose to Rs 5 lakh even...

-The Times of India BHUBANESWAR: Experts feel that notwithstanding individual causes behind farmers' suicides, so many of them resorting to the extreme step shows that the average peasant in the state is in severe monetary distress. Unofficial sources put the death toll at 40 in the past two months. "Some of the suicides may turn out to be for reasons other than agricultural loss. But, the larger picture indicates financial constraints are...

-PTI The govt would also increase monthly widow pension from Rs 500 to Rs 2,000 in the families of farmers who had committed suicide Haveri (Karnataka): Providing succour to distressed farmers, the Karnataka government today announced waiver of interest and penal interest on crop loans from cooperative banks for the current fiscal and hike in compensation from Rs 2 lakh to Rs 5 lakh to families of farmers who had committed suicide. The...

-Livemint.com Given condition of land records and problems in identifying actual beneficiaries, the task is gigantic, say analysts New Delhi: The Aadhaar-based direct benefit transfer (DBT) of fertilizer subsidies may not see the light of day anytime soon. “The roll-out of DBT in fertilizer will take some time because there are various hurdles,” said a government official, who is working on DBT. The official, who requested anonymity, said that “this is more challenging”...