-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...
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Wheat output seen rising a little over 7 mt in FY16
-Business Standard Govt procurement target fixed at 30 mt in 2016-17, a bit more than in ongoing season; rice buying would be 35 mt Despite rough weather, wheat output would rise a little over seven million tonnes (mt) in 2015-16, enabling an increase in overall foodgrain production of one mt over the previous year, official advance estimates showed on Monday. Production of wheat is estimated at 94 mt, from 86 mt in 2014-15....
More »Digital India pays off for PDS -Sandip Das
-The Financial Express The perennial gap between allocation of grain meant for the public distribution system by the Food Corporation of India, the principal procurement agency, and the lifting of such grains The perennial gap between allocation of grain meant for the public distribution system by the Food Corporation of India, the principal procurement agency, and the lifting of such grains by the states has narrowed considerably in recent months, reports Sandip...
More »Rural distress intensifies
-Business Standard Unless irrigation expands, agriculture will not be drought-proof Even as India celebrates the golden jubilee of the Green Revolution, the National Sample Survey Organisation (NSSO) has come out with data indicating that nearly 70 per cent of farmers subsist on economically unviable farm holdings of less than a hectare in size. Over one-fifth of farm households report salaried employment, and not farming, as the prime source of their income. Around...
More »From plate to plough: A leaf from the MP book - Ashok Gulati & Aastha Malhotra
-The Indian Express Madhya Pradesh’s agricultural growth rates offer important lessons for the Centre Shivraj Singh Chouhan completed 10 years in office as chief minister of Madhya Pradesh last week. His most outstanding achievement is the excellent performance of agriculture — the agri-GDP of MP grew at 9.7 per cent per annum during 2005-06 to 2014-15, surpassing even record-holder Gujarat’s 7.7 per cent. The last five years have been even more...
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