On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
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Why are tomato and onion prices fluctuating?
-The Hindu The unexpected price shocks to onions and tomatoes are triggered by Unseasonal Rains and prolonged drought The prices of tomatoes and onions are the most volatile in Indian markets. The Economic Survey 2021-2022, released on Monday, explores the reasons behind the variations in the prices of these two staple vegetables. The survey argues that seasonality in production and irregular shocks contribute equally to volatile prices. The unexpected price shocks to...
More »1,750 Indians died due to extreme weather events in 2021, says new IMD report
In the month of January this year, more than 100 homeless persons died (please click here and here to access) in Delhi-NCR due to cold wave like conditions. Although a Delhi-based non-government organisation (NGO) Centre for Holistic Development (CHD) made that claim, and therefore asked the Chief Minister of Delhi to make proper arrangements for the homeless poor during winters, the officials of the Delhi Urban Shelter Improvement Board (DUSIB)...
More »Unseasonal Rainfall may damage crops, say Haryana growers -Neeraj Mohan
-Hindustan Times With Haryana receiving Unseasonal Rainfall accompanied by high-velocity winds over the last two days, farmers are worried that stagnant water may damage crops in low-lying areas Karnal: With Haryana receiving rainfall accompanied by high-velocity winds over the last two days, farmers are worried that stagnant water may damage crops in low-lying areas. As per the India Meteorological Department Haryana had received 12mm rainfall on Sunday, of which Panchkula received the maximum...
More »Low yield boon for Haryana farmers, cotton sells 60% above MSP -Deepender Deswal
-The Tribune In Sirsa, private players are buying cotton at up to Rs 9,700 per quintal whereas the government has fixed the MSP at Rs 5,925 Sirsa: The low cotton yield this season due to excessive rain and pink bollworm attack has resulted in the crop selling at over 60 per cent higher than the minimum support price (MSP). In Sirsa, private players are buying cotton at up to Rs 9,700 per...
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