-The Financial Express In a bid to curb delays in settlement of claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the government on Tuesday asked states to release their share of subsidy along with the Centre so that farmers’ claim could be settled in a time-bound manner. “Number of states have withheld releasing their share of subsidy under PMFBY. Henceforth, we many not release our share (of subsidy) till states...
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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...
More »Maharashtra tur mess casts doubts on yield estimates -Abhiram Ghadyalpatil
-Livemint.com While one estimate pegged Maharashtra’s tur production at 1.17 million tonnes, another forecast a record yield of 2.35 million tonnes Mumbai: Maharashtra’s economic survey of 2016-17, which came out on 17 March, pegged the state’s total tur (pigeon pea) yield at 1.17 million tonnes, based on estimates of the Pune-based agriculture commissionerate. A fortnight later, the state’s agriculture department put out revised estimates showing the March projection of tur yield...
More »Acreage under rabi crops declined in 2016-17 as compared to 2013-14
As opposed to what has been said officially about the positive impact of demonetisation on rabi sowing, acreage actually declined in 2016-17 as compared to a normal year. Let us see why this has been so. On New Year’s Eve, Prime Minister Narendra Modi while addressing the nation post-demonetisation, among other things, said: “...Friends in the last few weeks, an impression was sought to be created that the agriculture sector...
More »The bitter tales of Shamli’s sugarcane farmers: ‘Netas talk palayan (exodus), our issue bhugtan (payment)’ -Harish Damodaran
-The Indian Express Even though Shamli tops in sugarcane production, there is nearly Rs 300 crore dues for district farmers. Shamli/ Kairana: Mohkam Singh supplied 22 buffalo carts of cane, each laden with 18 quintals, to the sugar mill at Shamli belonging to Sir Shadi Lal Enterprises Ltd in the 2015-16 crushing season. These 400 quintals should have fetched about Rs 1.12 lakh at the Uttar Pradesh government’s state advised price (SAP)...
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