-Livemint.com/ HowIndiaLives.com Even as it presses for market reforms in agriculture, the Centre has been actively using the basket of schemes wholly funded by it to widen the social security net for farmers. Expect that to continue in the coming Budget In 2016, the BJP-led government set itself the target to double farmers’ incomes by 2022. An inter-ministerial committee set up to recommend strategies to meet this target highlighted seven sources of...
More »SEARCH RESULT
Crop insurance claims over Rs 3,300 crore pending due to payment failure, delay in state subsidy -Shagun Kapil
-Down to Earth Farmers belonging Jharkhand, Karnataka, Telangana, and Maharashtra have the highest amounts pending under insurance claims Over Rs 3,300 crore is pending in payment to farmers across India in crop insurance claims since 2018-19 under the government’s flagship Crop Insurance Scheme, due to ‘payment failure’ and delay in state subsidy. An amount of Rs 3,372.72 crore out of claims worth Rs 66,460 crore in the last three years under the Pradhan...
More »MSP is Insurance Against Anarchy in Future: Economist Sukhpal Singh -Ajaz Ashraf
-Newsclick.in Answers to all the questions you are likely to have about the Minimum Support Price and the controversy surrounding it. Prime Minister Narendra Modi’s hope that his promise to repeal the three new farm laws will have the protesting farmers to promptly fold their tents and leave Delhi has been belied. The farmer unions have instead declared that they are not going to call off their one-year stir until the Union...
More »Drones may be deployed to expedite crop insurance claim settlements -KA Martin
-The Hindu Agriculture Insurance Company looks at technology-aided assessment methods Agriculture Insurance Company (AIC) of India Limited, the public sector organisation engaged in providing insurance cover for various crops, is in discussions with various commodity boards for exclusive crop-specific insurance schemes. A senior official of the Agriculture Insurance Company said that one of the goals of the company was to speed up settlement of insurance claims by farmers and the company was exploring...
More »Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey
The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...
More »