-India Water Portal Despite farmers’ apprehension, the new crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, is considered a game changer. “Agriculture is a highly risky venture,” says Nagi Reddy, a farmer in Anantapur. Reddy is a small farmer affected by uncertainty in crop production stemming from unpredictable weather events and pest attacks, especially in his cotton crop. He works on his 2.5-acre farm and the rest of the time, he...

Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-Down to Earth With hardly any rains in June, no sowing activity has taken place in many regions, making it impossible for farmers to insure crops Maharashtra government has refused to extend the time-limit for availing the Weather-Based Crop Insurance Scheme (WBCIS), which is being implemented for the first time in 12 districts of the state this year, despite heavy demand from farmers. The time limit for the scheme, which covers...

-Down to Earth   Too high a premium for too little cover Maharashtra government appears to have learnt no lesson at all from the hailstorms that lashed the entire state in March this year, and yet again lashed several districts in May, if its new decision to include three orchard crops - orange, sweet lime and guava - in its Weather Based Crop Insurance Scheme (WBCIS) on an experimental basis during the current...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...