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States told to release crop insurance subsidy share -Sandip Das

-The Financial Express In a bid to curb delays in settlement of claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the government on Tuesday asked states to release their share of subsidy along with the Centre so that farmers’ claim could be settled in a time-bound manner. “Number of states have withheld releasing their share of subsidy under PMFBY. Henceforth, we many not release our share (of subsidy) till states...

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Maharashtra tur mess casts doubts on yield estimates -Abhiram Ghadyalpatil

-Livemint.com While one estimate pegged Maharashtra’s tur production at 1.17 million tonnes, another forecast a record yield of 2.35 million tonnes Mumbai: Maharashtra’s economic survey of 2016-17, which came out on 17 March, pegged the state’s total tur (pigeon pea) yield at 1.17 million tonnes, based on estimates of the Pune-based agriculture commissionerate. A fortnight later, the state’s agriculture department put out revised estimates showing the March projection of tur yield...

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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...

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Agri ministry’s yield estimates of same crop show big difference -Sayantan Bera

-Live Mint It's been two years since the issue was flagged. However, there seem to be no clear answers New Delhi: On 14 August when the Union ministry of agriculture released the fourth advance estimate of crop production for 2013-14, it gave the country reason to cheer: in 2013-14 India had achieved a record food grain production of 264 million tonnes, beating the previous year's (2012-13) 257 million tonnes. These production figures,...

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Rural distress

  KEY TRENDS   • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...

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