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Jaitley Admits to 'Agrarian Crisis', Offers More Support to Farmers

-Outlook Mumbai: Finance Minister Arun Jaitley today hinted at more sops for the troubled farmers, saying the unseasonal rains in March have resulted in an "agrarian crisis". Jaitley asserted that the government is committed to allocate more resources to the farm sector, which he identified as the biggest challenge for high growth. "Agriculture is the biggest challenge and the unseasonal rains have resulted in an agrarian crisis," Jaitley said here this evening at...

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The inclusion project -Shamika Ravi

-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

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Crop insurance can tackle bad harvests - Shanthu Shantharam

-Livemint.com Weather and prices continue to haunt modern agriculture and farmers, only 20% of who are covered by crop insurance in our country Two risks that have haunted modern agriculture for decades are weather and prices. Indian farmers have been one of the worst victims of the vagaries of nature and prices. They badly need protection, but less than 20% of them are covered by crop insurance. Insurance is an instrument...

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Maharashtra plans to bring farmer suicide under insurance cover -Shubhangi Khapre

-The Indian Express Mumbai: The Maharashtra government is likely to bring farmers' suicides under insurance cover to enable higher financial compensation to the victims' families, state Agriculture Minister Eknath Khadse has told The Indian Express. The development comes at a time when the government is grappling with drought across 24,000 villages and an increasing number of farmer suicides is being reported from the Marathwada region. Statistics show that almost 85 to 90...

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Driven to distress -R Krishnakumar

-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...

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