-The Tribune Need to readjust premium to favour Farmers Insurance firms, both in the public and private sectors, have reportedly made a killing by offering crop insurance to Farmers in about two dozen states. The Tribune reported abnormal gains by a dozen insurance firms through the Pradhan Mantri Fasal Bima Yojna (PMFBY). Insurers reportedly received a gross premium of Rs 22,362 crore under the scheme in 2016-17 and saved huge sums even...
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Farm Distress Stands In The Way Of A Fourth Term For The BJP In Chhattisgarh -Shreehari Paliath
-IndiaSpend.com Baloda Bazar, Kabirdham (Kawardha), Rajnandgaon, Mahasamund, Kanker (Chhattisgarh): “I’ll ask them to give me a job first and then think about giving my vote,” said 28-year-old Kekti Verma, holding back her tears. “I have three girls, the eldest one is 10 and youngest four. I haven’t got any help till date from the government.” Kekti is the widow of Dhal Singh Verma, a two-acre paddy Farmer in Sararidih in Baloda...
More »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 »MSP sustains the illusion that Farmers rule in this country -Yogendra Yadav
-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...
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...
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