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Settlement of claims under crop insurance plan delayed by states: Radha Mohan Singh -Sayantan Bera

-Livemint.com States like Bihar and Kerala did not deposit their share of insurance premium on time, delaying payments to farmers, says Agriculture minister Radha Mohan Singh New Delhi: Due to states delaying assessment of crop loss, settlement of claims under the centre’s flagship crop insurance scheme is getting delayed, Agriculture minister Radha Mohan Singh said on Wednesday. The minister also complained that some states like Bihar and Kerala did not deposit their...

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Kalahandi to grow more cotton this year

-The New Indian Express BHAWANIPATNA: Cotton will be raised on 55,000 hectares (ha) of land in the current kharif season across Kalahandi, one of the major cotton growing districts in the State. With weather being conducive, sowing of cotton seeds has been completed on 45,550 ha and by next week, coverage will exceed the targeted area, said Agriculture officials. Each hectare gives a yield of eight to 10 quintals. Kalahandi district contributes...

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The alarming levels of India's groundwater

-The Hindu Leading hydrogeology scientist explains how India’s dependence on groundwater could lead to a crisis if left unchecked Mumbai: Groundwater is the world’s most extracted raw material, supplying and sustaining a range of human activity. Yet, because it is invisible and it’s supply often taken for granted, it is often inadequately acknowledged in policy and debates about the preservation of groundwater commons and aquifers. At best, it is usually shrouded in...

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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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Who's benefiting from crop insurance: SC to government -Subodh Varma

-The Times of India Continuing suicides and intermittent protests by farmers across the country prompted the Supreme Court on Thursday to ask why the much publicised Pradhan Mantri Fasal Bima Yojana (PMBFY) had not provided relief to the hapless farmers. While the government said that it is the first year and they are ironing out the problems, a look at the details of this first year's implementation throws up more systemic...

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