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Modi has betrayed farmers on MSP for Rabi crops: AIKS

-The Hindu Business Line New Delhi: The Narendra Modi government has betrayed farmers on its promise of providing remunerative minimum support prices (MSP) by announcing floor prices for Rabi crops for 2018-19 far below the promised C2+50 per cent, All India Kisan Sabha (AIKS) said on Thursday. “What is notable is that this comes just after the much-hyped claims after farmers’ protests on Tuesday that the BJP will address all concerns of...

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Bearish signals: When minimum support price is only on paper

-The Indian Express For the Modi government and farmers, it’s not MSPs for rabi, but below-MSP rates for kharif crops now being marketed, that should really worry. New Delhi: Promising something is much easier than having the capacity to deliver. This is a reality that the Narendra Modi government may have to reckon with in the current kharif marketing season itself, even as it has announced a fresh round of minimum support...

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Agriculture Ministry seeks to boost oilseeds output

-The Hindu Business Line Targets 45 mt from nine crops by 2022 Bengaluru: After giving a fillip to the production of pulses through various strategies, the Agriculture Ministry is focussing on boosting oilseeds production over the next four years. The Ministry has proposed various strategies, including promoting the cultivation of oilseeds in non-traditional areas and cropping seasons besides targeting rice fallows to boost the domestic output, which could help reduce import dependence for...

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India's 2018-19 foodgrain target to top 285 mt -TV Jayan

-The Hindu Business Line Plan to convert more rice fallow land to pulses, oilseeds during rabi season New Delhi: The government has set a foodgrain target of 285.2 million tonnes (mt) for 2018-19, which is marginally higher than the expected production in 2017-18, the agriculture ministry said here on Tuesday. As per the fourth advance estimates released by the Government last month, the foodgrain harvest in 2017-18 would be around 284.83 mt, aided...

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PMFBY -- Insurance Companies Make Super Profits, Farmers Suffer -Subodh Varma

-Newsclick.in Insurance companies have already earned about Rs.16,000 crore in three seasons. The much-hyped Pradhan Mantri Fasal Bima Yojana (PMFBY) – supposed to provide insurance protection to farmers against crop losses due to natural events – has turned into a bonanza for insurance companies while farmers are angry over delays in claim settlement, rejections and paltry compensation. Launched in 2016, four full seasons have passed since and the financial transactions show earnings...

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