-The Hindu Report concedes that farmers couldn’t buy seeds due to cash crunch. Millions of farmers in India were unable to buy seeds and fertilisers for their winter crops because of demonetisation, according to a report submitted by the Union Agriculture Ministry to the Parliamentary Standing Committee on Finance. This official acknowledgement of the impact of demonetisation comes on a day when Prime Minister Narendra Modi, speaking at a rally in Jhabua, Madhya...
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Firms earned Rs 15,795 crore in 2 years of Fasal Bima Yojana -Deepender Deswal
-Tribune News Service RTI reply indicates 1.5 times jump in profit of insurers in a year Hisar: Insurance companies across the country earned a whopping Rs 15,795 crore as profit in two years from the Pradhan Mantri Fasal Bima Yojana (PMFBY), according to a reply received under the Right to Information Act. While the farmers’ wait for increase in income continues, the profit of insurance firms increased by one-and-a-half times in just one...
More »Drought seen impacting kharif pulses -Rutam Vora
-The Hindu Business Line Bengaluru/ Ahmedabad: After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of Maharashtra, Karnataka, Andhra Pradesh and Gujarat. Over the past two-three weeks, the prices of tur, moong, gram and urad have risen by 10-20 per cent in various markets such...
More »Is crop insurance scheme losing steam? -Ashok Kumar
-The Hindu Of the 84 lakh farmers who withdrew, 68.31 lakh are from the four BJP-ruled States: reply to RTI Gurugram: More than 84 lakh farmers, which is around 15% of the total farmers insured in the first year of the Union government’s ambitious Pradhan Mantri Fasal Bima Yojana in 2016-17, withdrew themselves from the scheme in 2017-18, a reply to an RTI application has revealed. It includes 68.31 lakh farmers from the...
More »Lower soil moisture slows down pace of rabi crop cultivation
-The Hindu Business Line Wheat sowing only major aberration New Delhi: The threat of lower soil moisture levels and delays in kharif harvests across States seem to be having an adverse impact on rabi sowing. Most crops barring one or two saw lower acreage under planting till the end of the week, according to data released by the Agriculture Ministry on Friday. During the current rabi season, farmers have planted only around 85...
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