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Crop insurance under a cloud

-The Tribune Need to readjust premium to favour farmers Insurance firms, both in the public and private sectors, have reportedly made a killing by offering crop insurance to farmers in about two dozen states. The Tribune reported abnormal gains by a dozen insurance firms through the Pradhan Mantri Fasal Bima Yojna (PMFBY). Insurers reportedly received a gross premium of Rs 22,362 crore under the scheme in 2016-17 and saved huge sums even...

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Drought seen impacting kharif pulses -Rutam Vora

-The Hindu Business Line Bengaluru/ Ahmedabad: After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of Maharashtra, Karnataka, Andhra Pradesh and Gujarat. Over the past two-three weeks, the prices of tur, moong, gram and urad have risen by 10-20 per cent in various markets such...

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Is crop insurance scheme losing steam? -Ashok Kumar

-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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Monsanto's profits, not Diwali, creating smoke in Delhi -Arvind Kumar

-SundayGuardianLive.com In December 2017, this newspaper exposed in an article entitled “Law aiding Monsanto is reason for Delhi’s smoke season” how a law to help Monsanto was the reason for the Delhi metropolitan region being blanketed in smoke every November. That law, the Punjab Preservation of Subsoil Water Act of 2009, imposed a delay on farmers who wanted to plant rice. The delay in planting in turn created a delay in...

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Agriculture needs govt boost: Both PMFBY and PMKSY are flagging, revive them

-Financial Express While the government has reason to be pleased about the fact that the claims paid to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) have risen by around 50%, to Rs 15,181 crore in Kharif 2017 as compared to Rs 10,425 crore in Kharif 2016, what is worrying is the dip in both the number of farmers as well as land area covered by the scheme. More so...

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