-Livemint.com The money came from the Centre, which in April revised the amount farmers get as relief for crop damage New Delhi: Two weeks before 2015 ended, 50-year-old Sukhrani received a new year’s gift from the Uttar Pradesh government. The local revenue officer visited her village in Banda district of Uttar Pradesh to hand out cheques to families whose winter crop was damaged due to unseasonal rains between February and April...
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Managing agricultural risk
-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...
More »Cess proceeds in a black hole
-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
More »Will rabi bring a better harvest? -Prerana Desai
-The Hindu Business Line Yes, but it may not wholly make up for the drought-stricken kharif season Agriculture commodity supplies are erratic in India. They are more so now, due to a second consecutive year of below-normal monsoon, which has resulted in big setbacks to the kharif crop. Edelweiss Agri Research recently took up a nation-wide crop survey to estimate the sowing intentions for the upcoming rabi season. This, along with the...
More »India’s killing fields -Paranjoy Guha Thakurta
-The Asian Age It’s a huge story. And it’s not getting the kind of media attention it deserves. It’s a story about India’s farmers. It’s a story about the ongoing agrarian crisis in the country in the wake of two successive years of drought. If one looks only at the figures of growth of gross domestic product which tend to make headlines in financial publications, there’s no story for agriculture comprises...
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