KEY TRENDS • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...
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Utsa Patnaik, Professor of Economics, speaks to the Hindu
‘No mechanism to protect the poor’ IN a period characterised by all-round price rise, the issue of food security assumes extreme significance, especially for the rural and urban poor. At a time when the need for a universal public distribution system is increasingly felt, the government’s categorisation of a very small percentage of the people as being below the poverty line and eligible for rations has invited a lot of...
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