-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...

Like 2015, this year too unseasonal rainfall and hailstorm have taken the farmers by surprise. Recent media reports suggest that extreme weather event has damaged rabi crops in a number of states from north India. The Weekly Weather Report prepared for the week spanning 10-16 March, 2016, which was issued by the India Meteorological Department (IMD), shows that excessive rainfall was observed in Jammu and Kashmir, Himachal Pradesh, Punjab, Uttarakhand,...

-Frontline.in The increase in the budgetary allocation for the MGNREGA is only marginal. The scheme helped lower the poverty level by 32 per cent between 2004-05 and 2011-12, but government support for it has been declining steadily. In the beginning, economists belonging to the Right and the Left were of the view that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was merely a populist measure. While the former believed...

-Hindustan Times Ludhiana: Punjab finance minister Parminder Singh Dhindsa may have announced several perks for the agriculture sector, including provident funds for farmers, financial relief to families in which farmers committed suicides and medical insurance as part of the Budget 2016-17 for the state but several agricultural experts and farmers have pointed out all perks are futile without crop insurance. They stressed that if crop of farmers are not insured by the...

-The Financial Express It is expected that the measures announced in the Budget will boost agricultural output and rural incomes It appears that Budget FY17 has not generated enough excitement in media, academics and the masses, including farmers. Currently, farm distress is a serious concern in the country. The livelihood security of the rural population is in peril. Farmers are in dire need of substantial help to come out of the crisis-like...