The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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Not satisfied by Maharashtra CM's assurances, farmers to go ahead with march
-The Indian Express The farmers would go ahead with the march from Nashik to Mumbai as planned on February 20. They will reach Mumbai on February 27 during the Budget Session of the state legislature. The Budget Session is slated to begin on February 25. Mumbai: Even as Chief Minister Devendra Fadnavis tried to allay the concerns of farmers in a two-hour meeting on Sunday, the All India Kisan Sabha (AIKS) said...
More »Worst droughts, famines in India due to lack of moisture, says study -Snehal Fernandes
-Hindustan Times Previous attempts to study 18th and 19th century droughts have been limited to meteorological droughts caused by failure of rains A study that reconstructed droughts and famines across India over the last 146 years says lack of moisture in the soil for extended periods of time can be linked to some of the most devastating famines. Previous attempts to study 18th and 19th century droughts have been limited to meteorological droughts...
More »G Srinivasan, Director of National Insurance Academy (NIA), Pune, interviewed by Radheshyam Jadhav (The Hindu Business Line)
-The Hindu Business Line Tech must be used in a big way to ensure ryots get compensated quickly, says National Insurance Academy’s Srinivasan Changing rainfall patterns, droughts, flooding and geographical redistribution of pests and diseases have posed a major challenge before Indian agriculture. With the impact of climate change looming large on agricultural productivity, the insurance sector has a big role to play. However, the implementation of crop insurance scheme is mired...
More »When cover for farmers came a cropper -Rajalakshmi Nirmal
-The Hindu Business Line How 140 farmers in Maharashtra’s Jalna district have been left high and dry Farmers of Jalna district in Aurangabad Division of Maharashra, who planted pomegranate, mango and sweet lime in the 2017 kharif season and lost their crop because of a drought are in a state of despair. Despite coughing up premiums for the Pradhan Mantri Fasal Bima Yojana (PMFBY), they have not received a penny from the...
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