Farmers in the state, already reeling from the impact of a drought that has stalked them for the last two years, now have to prove their “authenticity” to reap the benefits of a crop insurance policy they registered for in 2009. The near-impossible task of checking the veracity of each and every claim, which run into lakhs, will have to be completed before August 31 by the respective district administrations, delaying...
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Crop insurance claims Settlement Crosses Rs. 15,500 Crore Mark Benefitting Over 4 Crore Farmers
Crop insurance claims settlement has crossed Rs. 15,500 crore mark, benefitting over 4 crore farmers in the country. Crop insurance claims worth Rs. 15,521 crore have been settled as on 24.06.2010. With Rs. 3041 crore, Gujarat is on the top followed by Andhra Pradesh (Rs.2600 crore), Maharashtra (Rs. 1481 crore), Karnataka (Rs. 1406 crore) and Bihar Rs. (1236 crore). From Rabi 1999-2000 to Kharif 2009, 4.27 crore farmers have benefitted...
More »Protecting farmers
After sitting on the proposal for four years, the Planning Commission has approved the union agriculture ministry’s modified national agricultural insurance scheme. More than half a dozen different models of farm insurance have been tried out since the early 1970s but without much success. None of these schemes has been economically viable. We now have one more experiment being launched. No more than a fraction of the country’s over 120...
More »Rural distress
KEY TRENDS • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...
More »Debt Trap
KEY TRENDS • The NSS 59th Round (January-December 2003) had found that 48.6% farmer households were indebted while the NSS 70th Round (January-December 2013) has observed that 52% of India's agricultural households were indebted in July, 2012-June, 2013 $ • A similar survey on rural indebtedness by the NSSO in 1991 found indebtedness among only 26% of farmers $ • On an average, the amount of debt per farmer household was Rs. 12,585 during NSS...
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