-Business Standard At present, the average Crop Insurance premium on pulses that a farmer has to pay ranges between 10 per cent and 12 per cent of the sum insured New Delhi: To provide a safety net to growers of pulses, which could also help boost production, the Centre's proposed new crop insurance policy has pegged the burden of premium on pulses at a moderate two per cent of the sum insured. Officials...
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Farm insurance coverage is poor: govt to House panel -AM Jigeesh
-The Hindu Business Line New Delhi: The government has painted a grim picture of the crop insurance scenario in the country. Making a presentation before the Finance Standing Committee of Parliament, government representatives said the penetration of crop insurance was just about 23 per cent (369.94 lakh) of the total number of farmers. A little more than 22 per cent of the gross crop area (455.63 lakh hectares) is covered under four...
More »Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes
-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...
More »Drop the crop insurance plan -Ramesh Chand & Sumedha Bajar
-The Financial Express It is clear from global experience that crop insurance is not economically viable and, in a country like India which is dominated by small landholders, it does not even seem to be feasible The demand for crop insurance stems from two ‘risky’ situations that often erode farmers’ income and make them vulnerable to economic distress. These include unpredictable weather and volatile prices. Although vulnerability of Indian agriculture on weather-related...
More »Sick policies, starving farmers -Amit Bhardwaj
-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...
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