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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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