-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new Crop Insurance Scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...

-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...

-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...

-PTI MUMBAI: Government is targeting to double the insurance coverage under crop insurance through Pradhan Mantri Fasal Bima Yojana (PMFBY) in a couple of years, a senior government official said here today.  The scheme will be implemented in the country effective from April 1.  "The government is targeting to double the crop insurance coverage in the country through Pradhan Mantri Fasal Bima Yojana in a couple of years," joint secretary ministry of agriculture...

-Press Release from Delhi Pension Parishad Activists from seven major campaigns stated unequivocally that the Union Budget for 2016-17 far from ‘Transforming India’, as claimed by the Finance Minister, Shri Arun Jaitley, is neglecting the interests of farmers, the poor and vulnerable both in nominal and real terms and subjecting every life-affirming program to severe  budget cuts. Activists from seven major campaigns such as the Right to Food Campaign , the...