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...
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Total Matching Records found : 165
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...
More »Disaster & Relief
KEY TRENDS • In 8 out of 17 states/ UTs the flood management works were not taken up in an integrated manner covering entire river/ tributary or a major segment of rivers/ tributaries and the Preliminary Project Reports/ Detailed Project Reports (DPRs) were not prepared in accordance with the scheme guidelines. There were huge delays in completion of FMP works which ranged from 10 months to 13 years due to delay...
More »Union Budget And Other Economic Policies
**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
More »Impact on Agriculture
KEY TRENDS • Research studies indicate more erratic and intense monsoon rains/unseasonal rains and hailstorm, increasing risk of droughts and floods and rise in temperature including increased frequency of warm days. This leads to projected average reduction of yield by 6 percent in wheat, 4-6 percent in rice, 18 percent in maize, 2.5 percent in sorghum, 2 percent in mustard and 2.5 percent in potato. The crop yield were projected more...
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