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...

Till recently agricultural production in the current crop year was expected to be adversely affected by drought situation in more than 10 states, apart from hailstorms and excessive rainfall that happened in March. However, if one were to believe a recent forecast made by the Ministry of Agriculture, the overall foodgrain production in the country this crop year is anticipated to remain almost the same as last year. In 2014-15,...

-Business Standard Await go-ahead signal from ministry of agriculture for their use Mumbai: Private insurance companies are using drones to photograph farms and if permitted by the agriculture ministry these could provide data to calculate crop yield. Insurers are using unmanned aerial vehicles as a pilot scheme. The agriculture ministry has called for use of such modern technology for the Pradhan Mantri Fasal Bima Yojana (PMFBY). Drones have not gained widespread commercial use, as...

-The Hindu Business Line The new scheme offers lower premium, more risk cover and hassle-free settlement Crop insurance schemes have not been a hit with Indian farmers in the past. High premia, limited coverage, complicated ways of assessing losses and delayed payment of compensation have kept farmers away from them. Given the high risk of crop damage in India, with significant loss in food grain production in 18 of the last 54 years...

-Outlook In the last two decades, more than 300,000 farmers have ended their lives. What can be done? Indian agriculture is important as it feeds an estimated 1.3 billion population of the country and is also burdened with the responsibility of providing livelihoods to 60 per cent of the people — 780 million people. No foreign country can produce this mammoth quantity of food and supply to India nor any sector...