-The Hindu Business Line It is an important tool for agrarian families to manage and mitigate their risks Agriculture plays a pivotal role in the Indian economy, especially in rural areas. According to the recently-released Situational Assessment and Land Holdings of Agricultural Households in Rural India Report (SAS, 2019) by the National Statistics Office, 54 per cent of rural households are agricultural, earning 37 per cent of their household income from farming.  This sector, however, is also subject to a...

-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...

-TheWire.in The pink bollworm attack has left deaths by suicide in its wake. The authorities, farmers say, are late in even conducting preliminary surveys. Mansa (Punjab)/Fatehabad (Haryana): There is silence in the cotton fields of Punjab and Haryana where farmers are uprooting plants after having sprayed multiple rounds of pesticides in vain. The pink bollworm has ravaged cotton crops in the country’s north, mainly in the districts of Bathinda and Mansa in Punjab...

-Newsclick.in Godowns of co-operatives have run out of DAP, urea, and other fertilisers essential for Rabi sowing. Many farmers in or around Lalitpur have either died by suicide or from exhaustion in their desperate bid to procure few bags of the soil nutrient Lucknow: In the last one week or so, farmers in the Bundelkhand region of Uttar Pradesh have reported a huge crunch of fertilisers at a time when the sowing...

One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...