-The Hindu The Pradhan Mantri Fasal Bima Yojna (PMFBY), which the NDA government showcases as the shield against all risks faced by farmers, has failed to be universal because there is a need for a comprehensive crop and income insurance scheme covering income and yield risks for all farmers and all crops. All India Kisan Sabha joint secretary Vijoo Krishnan said on Tuesday that farmer suicides had continued nationwide for more than...
More »SEARCH RESULT
Nabard thinks Mumbai needs 50% of agri loans -Alok Deshpande
-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...
More »From Plate to Plough: How to expand inclusion -Ashok Gulati & Prerna Terway
-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
More »Centre must publish data on farmers’ income: Ramesh Chand, Niti Aayog -Sandip Das
-The Financial Express In a bid to effectively deal with the current agriculture crisis, the government must publish annual data on farmers’ income for ensuring that the programmes and policies are focused towards their welfare, Ramesh Chand, member, Niti Aayog, said on Sunday. In a bid to effectively deal with the current agriculture crisis, the government must publish annual data on farmers’ income for ensuring that the programmes and policies are focused...
More »A harvest-time gift -Ashok Gulati
-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back droughts, and unseasonal rain and hail in certain...
More »