-The Financial Express The government’s move to roll out the Pradhan Mantri Fasal Bima Yojana (PMFBY) from the ongoing kharif season has got a boost with 18 agriculturally critical states, including Andhra Pradesh, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Uttar Pradesh, Karnataka, Odisha and Maharashtra, having floated tenders to identify insurers who will offer the scheme to farmers. According to agriculture ministry data, Rajasthan has completed the bidding process for identifying insurance companies...

-Livemint.com A look at the past three budgets shows that the government took note of the crisis only in 2016 On 24 April 2014, about a month before Narendra Modi-led National Democratic Alliance (NDA) formed a new government at the centre, the India Meteorological Department made an ominous forecast. The four-month-long southwest monsoon which irrigates more than half of India’s farmlands was likely to be deficient. Over the next few months the...

-The Hindu Business Line Bidding process apace to select insurance firms for Fasal Bima Yojana New Delhi: The Centre’s flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, is likely to be rolled out in several parts of the country by next month as the bidding process for selecting insurance companies is over in at least ten States and a Union Territory and many others are in the midst of it. All top...

-The Hindu It is critical that the HPS is finalised after considering possible distortions in medical insurance schemes and looking at models that have worked. The Health Protection Scheme (HPS) that was announced in the Union Budget 2016 is more generous than the earlier scheme, the Rashtriya Swasthya Bima Yojana (RSBY). Poor households now get an annual health cover of Rs.1 lakh; the limit under RSBY was Rs.30,000. In principle, the HPS...

-Business Standard Await go-ahead signal from ministry of agriculture for their use Mumbai: Private insurance companies are using drones to photograph farms and if permitted by the agriculture ministry these could provide data to calculate crop yield. Insurers are using unmanned aerial vehicles as a pilot scheme. The agriculture ministry has called for use of such modern technology for the Pradhan Mantri Fasal Bima Yojana (PMFBY). Drones have not gained widespread commercial use, as...