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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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Warm and dry winter leads to lower sowing of wheat, pulses and oilseeds -Sayantan Bera

-Livemint.com Wheat sowing is lower by 5.6%, pulses by nearly 7% and oilseeds shows a lag of nearly 12%, compared to the normal area sown by this time of the year New Delhi: An unusually dry and warm winter across northern India has impacted sowing of winter crops, even as the window for planting is nearing its end. While overall sowing of Rabi (winter) crops is lagging behind by 6% compared to...

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What a cheque for Rs.23 says about the state of the Indian farmer -Sayantan Bera

-Livemint.com The money came from the Centre, which in April revised the amount farmers get as relief for crop damage New Delhi: Two weeks before 2015 ended, 50-year-old Sukhrani received a new year’s gift from the Uttar Pradesh government. The local revenue officer visited her village in Banda district of Uttar Pradesh to hand out cheques to families whose winter crop was damaged due to unseasonal rains between February and April...

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Wheat output may drop for second year straight due to warm winter

-PTI New Delhi: Wheat production in India, the world’s second-largest producer, is likely to fall below 90 million tonnes for the second year in a row in 2015-16 due to an unusually dry and warm winter. Wheat output had declined to 88.95 mt in 2014-15 due to a poor monsoon and unseasonal rains in February-March, as against a record 95.85 mt achieved in the previous year. Sowing of wheat, a major rabi (winter)...

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Planting of wheat lower by 7% even as rabi sowing nears end -Sayantan Bera

-Livemint.com Rabi crops have been planted in 52 million hectares, 6.5% lower than the normal area of 55.6 million hectares Even as the window for sowing winter crops is set to close by the end of the year, planting of wheat and oilseeds are lower compared with the normal area, farm ministry data showed on Monday. The silver lining is a marginally higher sowing of pulses compared with last year; rising prices...

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