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Here is why farmers' rights groups are unhappy with PM Modi's insurance scheme for them -Yogesh Pawar

-DNA Widespread damage and loss of the Kharif crop in 2015 due to Drought served to highlight the insecurity of the Indian farmers in the face of various challenges beyond their control: Drought, hailstorms, unseasonal rains, cyclones, wild animals, epidemics and seed or technological failures, among others. Farm rights movements across the country have rubbished the Pradhan Mantri Fasal Bima Yojna (PMFBY) calling it “a dressed up version of existing crop insurance...

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Budget 2016: boost likely for job schemes -Arup Roychoudhury

-Business Standard Also for other programme impacting the non-urban economy, in the wake of two years of partial Drought The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) seems likely to get its highest budgetary allocation since its launch a decade before. This allocation for 2016-17 could cross the previous highs of Rs 40,100 crore in the 2010-11 Budget and Rs 40,000 crore in 2011-12, by then finance minister Pranab Mukherjee. Actual spending...

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A harvest-time gift -Ashok Gulati

-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back Droughts, and unseasonal rain and hail in certain...

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Cabinet gives nod to new agriculture insurance scheme -Jitendra

-Down to Earth The new scheme will be unable to address the existing agrarian crises, say experts The Centre has approved a new crop insurance scheme for farmers that will replace two existing agriculture insurance schemes. The scheme, Pradhan Mantri Fasal Bima Yojana, was cleared at the Cabinet meeting headed by Prime Minister Narendra Modi. The new scheme promises less premium and early claim settlement. However, experts feel that it will unable to...

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5 changes that may bring agriculture back on track in 2016 -PK Joshi and Avinash Kishore

-The Financial Express Turning agriculture around should be the top priority of government in the new year. India became the world’s fastest-growing economy in 2015. Indian agriculture, however, fared much worse. Agriculture grew only by 0.2% in FY15. Two consecutive years of Drought, unseasonal rains in rabi season and falling food prices in global markets have driven farmers to desperation. Turning agriculture around should be the top priority of government in the...

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