-Livemint.com The most glaring implication of the proposed deficiency payments is that it makes the state give up its responsibility of intervening in markets During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of...

-The Times of India NEW DELHI: The Supreme Court on Wednesday slammed the Reserve Bank of India (RBI) for refusing to make public through Right To Information (RTI) its reports on inquiry into offensive practices by private and public sector banks and said as a "watchdog", the central bank had a duty to make public reports on non-transparent activities of banks. "We have surmised that many financial institutions have resorted to acts...

-Hindustan Times Revolution imminent… genetically modified seeds produced by MNCs cause farmer suicides. Incendiary, out-of-context sound-bites juxtaposed between heartrending visuals distort rural poverty from a complex issue that each Indian must help resolve to a simplistic, accusatory Peepli Live feature. Instead of quixotic and strident anti-growth agendas offered as panacea, a coordinated and consistent approach to poverty reduction is needed. Poverty reduction needs development. The linkage between economic growth and poverty reduction is...

Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-The Times of India BHOPAL: At a time when suicides by farmers in Madhya Pradesh following scanty rain and poor yield have brought back focus on their plight, allegedly more than 1.77 lakh ghost farmers benefitted from interest subsidies on their loans. Putting a question mark on the much hyped 0% interest farm loan scheme of the state government, a series of RTI queries by TOI revealed that between 2007-08 and 2012-13,...