The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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PM Kisan scheme: 'Centre has paid farmers around Rs. 10,500 cr so far'
-PTI New Delhi: Around 3.10 crore small farmers have so far received the first tranche of Rs. 2,000 each under the PM-Kisan scheme and 2.10 crore peasants have got the second instalment as well, costing Rs. 10,500 crore to the exchequer, a senior Agriculture Ministry official said Tuesday. The government had announced that 12 crore farmers would be covered under the the Rs. 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. Each...
More »Cash transfers are fine, but low prices are the problem: Farmers -Jayanta Roy Chowdhury
-The New Indian Express As low prices continue to plague millions of farms all over the country, farmers and their leaders say cash transfers are fine, but main issue is agricultural prices which make farming unremunerative. NEW DELHI: Ishwar Singh is a worried man. The furrows in his brow below his once white turban have deepened. He planted onions in his two-acre farm near Sonepat this winter and got what he believed...
More »More Than a Year After Crop Failure, Maharashtra Farmers Still Wait for Insurance Payout -Poorvi Kulkarni
-TheWire.in For many farmers, the compensation they received is substantially less than the premium they paid. Parbhani (Maharashtra): “If even one rupee owed to one farmer is not paid, then the government will pay that money and recover it from the (insurance) company,” said Maharashtra chief minister Devendra Fadnavis while addressing an rally ahead of the 2019 Lok Sabha elections. He was referring to the Prime Minister’s Crop Insurance Scheme (Pradhan Mantri...
More »FSSAI rules for organic farmers 'pushing them out of business' -Meenakshi Sushma
-Down to Earth Farmer organisations, companies say concerns not addressed The Food Safety and Standards Authority of India's (FSSAI's) organic food labelling policy has created an adverse reaction at the ground level. The idea was introduced on July 1, 2018 to support farmers and help consumers identify authentic organic produce, but labelling has pushed many farmers out of business. The certification process is tedious and costly, and the FSSAI implemented in despite farmer...
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