-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...
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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das
-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
More »Breadbasket To Basket Case -Ajay Jakhar
-The Indian Express Punjab is a case study in agricultural and economic mismanagement in India From the breadbasket of India, Punjab has become a basket-case economy. Endowed with ample water and good soil, Punjab’s happy, progressive people had a dream that is now a distant memory. Punjab’s decline started with its trifurcation. In its bid to establish a separate identity, the poli-tical establishment obsessed over a religious-political agenda and steered the state...
More »An official Andhra survey shows why Modi government should stop pushing Aadhaar so doggedly
-Scroll.in An audit of ration shops after the introduction of Aadhaar revealed that many genuine beneficiaries couldn’t collect food grain due to system glitches. The Modi government’s insistence on the use of Aadhaar, India’s biometrics-based unique identification project, to weed out “ghosts, fakes, duplicates” from social welfare schemes is counterproductively excluding genuine beneficiaries from the programmes. In Andhra Pradesh, an official audit conducted after ration shops adopted the Aadhaar system revealed that many...
More »Punjab: When global slump took away the premium tag of basmati - Anju Agnihotri Chaba
-The Indian Express Farmers are unanimous that Punjab hasn’t seen such bad days, with one or the other crop failing in consecutive seasons — and now basmati selling even below parmal. Jalandhar: When farmers in Punjab began taking the harvested grain from their Pusa-1509 superfine basmati paddy crop early this month, they were shocked to see it fetch rates below not just half of last year’s levels, but even the official minimum...
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