-The Hindu Business Line How 140 farmers in Maharashtra’s Jalna district have been left high and dry Farmers of Jalna district in Aurangabad Division of Maharashra, who planted pomegranate, mango and sweet lime in the 2017 kharif season and lost their crop because of a drought are in a state of despair. Despite coughing up premiums for the Pradhan Mantri Fasal Bima Yojana (PMFBY), they have not received a penny from the...
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The Modi Years: Do farmers have better protection against Crop Losses? -Mridula Chari
-Scroll.in Private insurance companies have benefitted more than farmers from the new crop insurance scheme. Pradhan Mantri Fasal Bima Yojana was launched to expand crop insurance coverage in India But coverage has shrunk, despite compulsory enrollment of farmers at the time of taking loans Private companies retain a larger share of government funds than before Farmer groups have opposed compulsory enrollment and complained about payment delays. In its manifesto for the...
More »Who will pay for sops? -Arun Kumar
-The Indian Express Government’s claim that structural changes to the economy are paying off, and that is being used to give back to the people, is problematic. The Interim Union Budget 2019 is no less than a full budget with changes in taxation and announcement of lucrative schemes for various sections of the population. The recent losses in three major assembly elections rang alarm bells for the ruling dispensation. With the...
More »Madhya Pradesh farm crisis: Crop insurance scheme fails to cover losses
-TimesNowNews.com (Mirror Now) Despite paying premiums of Pradhan Mantri Fasal Bhima Yojana, farmers in Madhya Pradesh are facing a crisis as the payout under the crop insurance scheme are rare and farmers fail to their cover losses. Bhopal: Despite paying premiums of the crop insurance scheme, farmers in Madhya Pradesh are facing a crisis. The government had launched the Pradhan Mantri Fasal Bhima Yojana in 2016 precisely to address crops ravaged by...
More »The Pradhan Mantri Fasal Bima Yojana (PMFBY) -- Lesser than a Solution -Santosh Verma
-Vikalp.ind.in During the past three and half decades, various governments at the centre introduced several crop insurance schemes for the farmers to lessen the risks (partial or full) involved due to natural calamities and crop diseases. In 1985, in its very first attempt, the Government of India (GoI) launched Comprehensive Crop Insurance Scheme (CCIS) with a mandate to a national coverage. In 1999, CCIS was replaced with a new scheme called...
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