-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...
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FCI stuck with 24m tonnes of poor wheat -Dipak K Dash
-The Times of India NEW DELHI: The Food Corporation of India (FCI) is saddled with 27 million tonnes of wheat. Since 90% of grain procured this year were under relaxed norms, these stocks have a shorter shelf life and must be used in 8 to 10 months. FCI, sources said, is releasing these stocks to the public distribution system (PDS). This grain is shrivelled, broken and lacks lustre and the challenge is...
More »Farmers diversify crops to deal with scarce rains -Mayank Mishra
-Business Standard Labour shortage and threat of deficient monsoon are pushing adoption of farm machinery Taraori: Vikas Chaudhary, a farmer in Haryana's Karnal district, started using a maize planter in 2012. The acquisition of a happy seeder around the same time helped him sow wheat directly. The two machines helped him reduce input costs substantially. "With the help of machines, I have managed to reduce the input cost for paddy by Rs 2,000...
More »Vegetable prices on the boil -Dilip Kumar Jha
-Business Standard Expected delay in harvesting might keep commodities elevated for a month Mumbai: While the wholesale price index (WPI) might have turned negative primarily due to a steep decline in the prices of non-food articles, rising vegetable prices kept food articles firm in May. While drumstick prices showed a sharp rise of 130 per cent, articles of mass consumption such as brinjal, cabbage, bitter gourd and cauliflower recorded an upswing of 50...
More »In Maharashtra, suicide figures shoot through the roof -Priyanka Kakodkar
-The Times of India MUMBAI: Farmer suicides in Maharashtra are intensifying with as many as 1,088 cases reported in 2015 by the end of May. This is almost twice the figure reported just two months ago. Between January and March, the state government had reported 601 cases. The suicide rate had already begun climbing steeply with the onset of the drought last year which destroyed large swathes of crops. The unseasonal rain...
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