-Livemint.com Increased funding to go into irrigation schemes, crop insurance, national e-market for farm produce, pulse production and interest subsidy New Delhi: In a major push for agriculture in the Union budget, funding for the recently launched crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has been more than doubled from Rs.2,589 crore in 2015-16 (budget estimate) to Rs.5,500 crore for 2016-17. The budget announced on Monday placed a renewed focus...

Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...

-Business Standard However, the states have broadly agreed to most other issues raised by NITI Aayog task force, including legalising land lease Consensus seems to have eluded a NITI Aayog task force on agriculture on use of genetically modified (GM) technology in pulses and oilseeds from state governments. However, state governments have broadly agreed to most other issues raised by the task force, including legalising land lease. Officials said the task force, which...

-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...

-The Indian Express Total foodgrain production in 2015-16 is expected at 253.16 million tonnes (mt), according to the Agriculture Ministry’s second advance estimates.  India’s agricultural output hasn’t taken as much a hit from back-to-back droughts this time round as with previous monsoon failure episodes. Total foodgrain production in 2015-16 is expected at 253.16 million tonnes (mt), according to the Agriculture Ministry’s second advance estimates. This is only 4.5 per cent below the...