-Down to Earth Monsoon ditched them so bad that they stare at lowest rain deficit in 13 years This year, the north-eastern region of India has been witness to a series of weather anomalies. According to the Indian Meteorological Department (IMD), the eastern and north-eastern regions have together received 31 per cent less rainfall than normal in this south-west monsoon (SWM) season as on July 25, 2018. If the scenario does not...
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Kharif planting lags despite MSP hikes, normal monsoon -Harish Damodaran
-The Indian Express One reason for the MSPs not having the desired impact could be the delayed announcement. Farmers usually make sowing decisions before the onset of the monsoon. New Delhi: The government may have substantially hiked minimum support prices (MSP) of crops being grown in the current kharif season. That, along with most parts of India receiving good rain until now, should have considerably boosted plantings by farmers this time. However, the...
More »Punjab fails to cut down area under rice cultivation -Anju Agnihotri Chaba
-The Indian Express Despite setting a target to bring down by over one lakh hectares (lh) area under rice cultivation this year, Punjab has failed and acreage under the crop has already reached up to 29.57 lh and is likely touch 30 lh again. Jalandhar: Despite setting a target to bring down by over one lakh hectares (lh) area under rice cultivation this year, Punjab has failed and acreage under the...
More »PM's Irrigation Scheme Struggling, Only 10% Projects Complete
-TheWire.in Despite the agrarian crisis that India is reeling under, the parliamentary standing committee noted that the government’s efforts in implementing irrigation projects has been ‘lethargic’. New Delhi: A report of the parliamentary standing committee on rural development has revealed that only 10% of the projects taken up under the watershed development component of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) have been completed. The report outlines that given that a majority...
More »Why firms love crop insurance more than farmers
-The Times of India NEW DELHI: The government's ambitious crop insurance scheme has proved to be a jackpot for insurance companies last year, which collectively earned 85 per cent profit (after excluding administrative and reinsurance expenses) during the 2017-18 kharif season. Kharif is an Indian cropping season which extends from July to October. 17 insurance firms (5 public and 12 private) empanelled under the Pradhan Mantri Fasal Bima Yojana (PMFBY) registered a...
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