-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...
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Insurance sop -TK Rajalakshmi
-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...
More »On the farm front, make a bold move -Ashok Gulati
-The Indian Express The budget is an opportunity for government to address the simmering discontent and disillusion in rural India. The first advance estimates of GDP growth, at 2011-12 constant prices, put the growth for FY16 at 7.6 per cent over the previous year. This is the highest growth rate in the first four years of the forgotten 12th Five-Year Plan. No wonder this makes the Narendra Modi-led NDA government somewhat...
More »India pushes GM’s frontier again with mustard, but what’s inside it? -Zia Haq
-Hindustan Times In Bollywood romcoms, mustard fields glowing iridescent yellow are an oft-used backdrop for romantic songs. Remember the iconic 1995 hit, Dilwale Dulhaniya Le Jayenge Mustard, as it were, is an onscreen metaphor for vigour and youthful passion. However, looked through a farm scientist’s lens, the traditional Indian mustard isn’t genetically very impressive. It is only half as robustly growing as its east European cousins. Low yields mean India has to...
More »Growth data send conflicting signals
-The Hindu The latest GDP data released by the Central Statistics Office (CSO) raise more questions than they answer. While on the face of it, the projection of 7.6 per cent growth at constant prices for the fiscal year ending March 31 sounds both attainable and impressive, a closer look at the other sets of numbers, including the third-quarter reading, raises some flags. The pace of economic expansion is estimated to...
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