-The Hindu Business Line The new scheme offers lower premium, more risk cover and hassle-free settlement Crop insurance schemes have not been a hit with Indian farmers in the past. High premia, limited coverage, complicated ways of assessing losses and delayed payment of compensation have kept farmers away from them. Given the high risk of crop damage in India, with significant loss in food grain production in 18 of the last 54 years...
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In fact: There is a drought in many parts of India. Why hasn’t it been noticed? -Harish Damodaran
-The Indian Express Because this time, it’s only rural producers, not urban consumers, who are feeling the heat This time’s drought has been a most unusual one. Even with three consecutive bad crops (kharif 2014, rabi 2015, and kharif 2015) and a fourth not-so-great one (thankfully, there’s been no big damage from the unseasonal rain and hail unlike in March 2015), annual consumer food price inflation is only 5.3 per cent. In the...
More »Counterproductive Farm Policies -PSM Rao
-Outlook In the last two decades, more than 300,000 farmers have ended their lives. What can be done? Indian agriculture is important as it feeds an estimated 1.3 billion population of the country and is also burdened with the responsibility of providing livelihoods to 60 per cent of the people — 780 million people. No foreign country can produce this mammoth quantity of food and supply to India nor any sector...
More »PM Modi outlines 7-point strategy to double farmers' income
-IANS NEW DELHI: Prime Minister Narendra Modi on Monday unveiled a seven-point strategy to double the income of farmers in six years with measures to step up irrigation, provide better quality seeds and prevent post-harvest losses. "In the past, the emphasis has been on agricultural output, rather than on farmers' incomes. I've set the objective of doubling the farmers' income by 2022," the prime minister told the Bloomberg India Economic Forum here. "I...
More »In Maharashtra’s Beed, Crops Fail But Toil Continues -Ankita Sinha
-NDTV BEED: Gopinath Sonawane, a 52-year-old farmer from Ashti in Maharashtra’s Beed district, has been tilling his land under the scorching sun every week for four years but has little to show for his hard work. “Water supply has been extremely irregular here. Whether or not there is water, we have no choice but to work on our lands and hope for the best because what are the other alternatives?’ asks Gopinath. In...
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