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 Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...

-The Indian Express Why early life investment matters, and what we should do about it. With the success in reducing child mortality, the challenge before India is to safeguard early-life conditions in order to prevent long-run loss in welfare for individuals and the economy. Malnutrition rates for India are extremely high, with about 38.4 per cent of children being stunted and 46 per cent underweight (National Family Health Survey, 2005-06). There...

-The Hindu Business Line Crop insurance will make farming a safer vocation The plight of Punjab’s cotton farmers after a swarm of ‘whiteflies’ ravaged their crop is truly disquieting. In a knee-jerk response, Punjab has promised ₹640 crore for over two-third of the crop being destroyed, but on what basis, it is hard to tell. This highlights the absence of crop insurance in Punjab, as pointed out by a recent Crisil study....

-The Hindu Business Line New Delhi: The government has painted a grim picture of the crop insurance scenario in the country. Making a presentation before the Finance Standing Committee of Parliament, government representatives said the penetration of crop insurance was just about 23 per cent (369.94 lakh) of the total number of farmers. A little more than 22 per cent of the gross crop area (455.63 lakh hectares) is covered under four...