-The Hindu A book brought out by NABARD, authored by R.S. Deshpande, says Pradhan Mantri Fasal Bima Yojana carries the baggage of the earlier failed Crop Insurance schemes A book on the theme “Rainfed Agriculture and Droughts in India” (2022) brought out by the National Bank for Agriculture and Rural Development (NABARD) argues that Crop Insurance is not a “perfect medication” any more for farmers hit by natural calamities such as floods...
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Govt to organise week-long nationwide campaign for farmers from April 25
-PTI/ The Telegraph 'Kisan Bhagidari, Prathmikta Hamari' will be held as part of the government's 'Azadi Ka Amrit Mahotsav' initiative Union Agriculture Ministry will organise a week-long nationwide campaign till April 30 at regional level to highlight the achievements made in the farm sector since independence and also create awareness about the various programmes run by the Centre for the benefits of farmers. The campaign Kisan Bhagidari, Prathmikta Hamari will be organised as...
More »India’s facade of agricultural insurance -Shagun, Priya Ranjan Sahu, Rakesh Kumar Malviya, Shuchita Jha and M Raghuram
-Down to Earth Since its launch in 2016, India’s flagship Crop Insurance scheme has seen a consistent fall in acreage and number of farmers covered Even if a single farmer’s crop is damaged in a village he will get the benefits of insurance - Prime Minister Narendra Modi had said while launching the government’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) from Madhya Pradesh in 2016. The words, however, mean nothing to the farmers...
More »Maharashtra may become 8th state to opt out of Centre's flagship Crop Insurance scheme -Shagun
-Down to Earth The state is considering rolling out its own insurance programme for farmers Maharashtra may follow several other big states and opt out Pradhan Mantri Fasal Bima Yojana (PMFBY), the Narendra Modi government’s much-vaunted Crop Insurance scheme. India’s second-most populous state may replace the central scheme with its own — a step already adopted by states like West Bengal. Farmer groups have already flagged irregularities in PMFBY at a February 1,...
More »The Ailing PM Fasal Bima Yojana Needs a Structural Redesign -Baikunth Roy and Satyendra Kumar
-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of Crop Insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly incomes, a high proportion of...
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