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Cabinet gives nod to new agriculture insurance scheme -Jitendra

-Down to Earth The new scheme will be unable to address the existing agrarian crises, say experts The Centre has approved a new Crop Insurance Scheme for farmers that will replace two existing agriculture insurance schemes. The scheme, Pradhan Mantri Fasal Bima Yojana, was cleared at the Cabinet meeting headed by Prime Minister Narendra Modi. The new scheme promises less premium and early claim settlement. However, experts feel that it will unable to...

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Crop scheme after rural losses -Radhika Ramaseshan

-The Telegraph New Delhi: Heavy losses in rural areas in recent elections have pushed the Narendra Modi government to re-launch its Crop Insurance Scheme with changes to make it more farmer-friendly. The BJP has been asked to go all out to sell the scheme, renamed the Pradhan Mantri Fasal Bima Yojana (Prime Minister Crop Insurance Scheme) to emphasise Modi's central role in conceptualising it. Three senior ministers, Rajnath Singh, M. Venkaiah Naidu and...

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Maharashtra saw 3,228 farmer suicides in 2015 -Alok Deshpande

-The Hindu With 610 deaths in just two months, State records highest ever suicides by farmers. Mumbai: Suicides by farmers touched a grim high in 2015. The year that had recorded 2,590 suicides until October -- the higher ever since 2001 -- went on to register 610 more deaths in just the last two months. The death toll on December 31, 2015 stood at 3,228, indicating that the slew of measures the...

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Civil society urges more resources for social sector

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

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New Crop Insurance Scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new Crop Insurance Scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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