-Livemint.com A partial hike in the MSP on paper was packaged by the govt as three fresh and historic steps for Farmers’ welfare Minimum support price (MSP) is a fiction. It is a feel-good fiction. The Farmers are free to sell their crop for as much as they wish, but should the prices fall below a minimum level, the government is there to help them. MSP is a sovereign guarantee that the state...
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Firms earned Rs 15,795 crore in 2 years of Fasal Bima Yojana -Deepender Deswal
-Tribune News Service RTI reply indicates 1.5 times jump in profit of insurers in a year Hisar: Insurance companies across the country earned a whopping Rs 15,795 crore as profit in two years from the Pradhan Mantri Fasal Bima Yojana (PMFBY), according to a reply received under the Right to Information Act. While the Farmers’ wait for increase in income continues, the profit of insurance firms increased by one-and-a-half times in just one...
More »Severe Droughts to Go Unreported? -Shilpa Shaji
-Newsclick.in Of the 136 talukas in Maharashtra, which had demanded that they should be declared ‘drought-hit’, only three were “eligible” to be there in the category, as per 2016 manual. Though the India Meteorological Department (IMD) had declared a month ago that as many as 255 districts of the country have witnessed deficit rainfall of 20 to 59 per cent during the South-West monsoon, many of the states are yet to declare...
More »Drought seen impacting kharif pulses -Rutam Vora
-The Hindu Business Line Bengaluru/ Ahmedabad: After languishing for almost two years, the prices of pulses such as tur/arhar and urad have rebounded over the past few weeks as production has been impacted by scanty rains in the key growing regions of Maharashtra, Karnataka, Andhra Pradesh and Gujarat. Over the past two-three weeks, the prices of tur, moong, gram and urad have risen by 10-20 per cent in various markets such...
More »Is crop insurance scheme losing steam? -Ashok Kumar
-The Hindu Of the 84 lakh Farmers who withdrew, 68.31 lakh are from the four BJP-ruled States: reply to RTI Gurugram: More than 84 lakh Farmers, which is around 15% of the total Farmers insured in the first year of the Union government’s ambitious Pradhan Mantri Fasal Bima Yojana in 2016-17, withdrew themselves from the scheme in 2017-18, a reply to an RTI application has revealed. It includes 68.31 lakh Farmers from the...
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