Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...

-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...

-Hindustan Times Bhopal: The Madhya Pradesh government will prepare a legal framework for leasing land for agriculture that would not put the land owner at a disadvantage but will provide rights to the lease holder, chief minister Shivraj Singh Chouhan said on Tuesday. Chouhan was addressing the media at the conclusion of an exercise launched by the state government to assess the ground situation against the backdrop of the farming crisis. He said that...

-The Pioneer Bhubaneswar: The increasing instances of farmers’ suicides due mainly to failure of crops and burden of loans incurred from different sources have brought traumatic shocks and a shattering blow to the farming community in Odisha and brazen shame to the present dispensation at the helm. It appears that the State administration is never worried and concerned about the agonies and tragedies of the poor cultivators. As reported, an astounding number...