-The Hindu Of the 84 lakh farmers who withdrew, 68.31 lakh are from the four BJP-ruled States: reply to RTI Gurugram: More than 84 lakh farmers, which is around 15% of the total farmers insured in the first year of the Union government’s ambitious Pradhan Mantri Fasal Bima Yojana in 2016-17, withdrew themselves from the scheme in 2017-18, a reply to an RTI application has revealed. It includes 68.31 lakh farmers from the...
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Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups
-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...
More »Fasal Bima Yojana needs fine-tuning -Rajalakshmi Nirmal
-The Hindu Business Line Short tenure of the policy is its biggest drawback. With El Nino expected to mar the monsoon this year, insurers may stay away A normal monsoon in 2016, after two years of drought, has not only led to a bountiful harvest for farmers, but also filled the coffers of private insurers. The Kharif 2016 season resulting in lower claims has helped private insurers in particular rake in good profits...
More »Govt to import 2 mt of urea to meet kharif demand
-PTI New Delhi: To meet the demand for fertiliser in the ongoing kharif season, the government has contracted 2 million tonnes of urea import for delivery by the month-end. India is dependent on urea imports as domestic output is lower than the demand. Overseas purchase is being done via three state trading enterprises — STC, MMTC and IPL. “Our urea requirement is 2.5 million tonnes for this kharif season. We have finalised imports...
More »States to roll out PM crop cover scheme soon -Amiti Sen
-The Hindu Business Line Bidding process apace to select insurance firms for Fasal Bima Yojana New Delhi: The Centre’s flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, is likely to be rolled out in several parts of the country by next month as the bidding process for selecting insurance companies is over in at least ten States and a Union Territory and many others are in the midst of it. All top...
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