-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...

-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...

-Business Standard India's agriculture growth, measured in terms of gross value added at constant prices, slipped into negative territory in the October-December quarter (first time in FY16) because of a low kharif Harvest. However, on full-year basis, the government estimates gross value added in agriculture and allied activities would rise 1.1 per cent, from negative 0.2 per cent in 2014-15, on account of good performance of livestock, horticulture, fisheries and dairy sector. But...

-Business Standard The state demands that the insurance scheme should cover the produce lying in market yards, waiting to be bought by agencies Chandigarh: The Pradhan Mantri Fasal Bima Yojana, hailed as one of the most farmer-friendly crop insurance schemes of independent India, has run into rough weather in Punjab. The state is at loggerheads with the Centre over the efficacy of the crop insurance scheme. "The new scheme provides an indemnity level...

-The Indian Express As it completes 10 years, there is enough evidence to show that India needs the MGNREGA Nearly a year ago, the prime minister made a statement in Parliament about the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). He said: “My political understanding tells me, don’t ever stop MNREGA… because MNREGA is a living monument to your [the Congress’s] failures. After 60 years of independence, you had to...