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Over 90 Lakh Farmers Benefited From Crop Insurance Scheme, PM Modi Told

-PTI PM Narendra Modi was informed that claims of over Rs. 7,700 crore have already been paid to farmers under the Pradhan Mantri Fasal Bima Yojana, according to a PMO statement. New Delhi:  Over 90 lakh farmers have benefited from the crop insurance scheme during the Kharif season last year and the Rabi season in 2016-17, a meeting chaired by Prime Minister Narendra Modi was told in New Delhi today. The prime...

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The classroom and the field -Ajay Vir Jakhar

-The Indian Express Agriculture education is in a poor state. ICAR must be revamped Although autarky on Indian farms is a distant dream, as the 71st year of Independence dawns, penury-ridden farmers are still committing suicide by the thousands— a consequence of decades of short-sightedness, while economists and scientists are still equating food sufficiency to farmer sustainability. The occasion merits introspection on the core issues of farmers’ distress. We must begin at the...

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Farmers await crop insurance payout, 55% claims pending -Sayantan Bera

-Livemint.com Under the flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana, Rs5,875 crore, or just 45%, has been paid to farmers, agriculture ministry data shows New Delhi: Farmers who suffered crop losses in 2016-17 are yet to receive insurance compensation for 55% of estimated claims under the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY), shows latest numbers from the agriculture ministry. The data shows that insurance companies collected Rs22,338 crore in 2016-17...

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Crop Insurance: A flagship scheme that may flatter to deceive -Harish Damodaran

-The Indian Express For farmers, a uniform 2 per cent premium rate on sum insured (SI) for all kharif or monsoon season foodgrains and oilseeds, while 1.5 per cent for rabi winter crops and 5 per cent for annual commercial and horticultural crops, is the lowest they can hope for. The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima...

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Are crop insurance schemes working? CAG report reveals Ishan Kukreti

-Down to Earth Multiple gaps in implementation of crop insurance schemes may have compromised their purpose of benefitting farmers The CAG audit report of the Centre’s crop insurance schemes has highlighted gaps in their implementation that compromise its purpose of providing financial assistance to farmers. The Comptroller and Auditor General of India (CAG) looked into the performance of two schemes—Modified National Agricultural Insurance Scheme (MNAIS) and the National Crop Insurance Programme (NCIP)...

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