-Hindustan Times Eleven-year-old Kavita and Sunil, a year younger, last saw their father Mahadev four months ago, when he returned briefly to the village to attend the wedding of a relative. When leaving home again, a day after Diwali, Mahadev gave Kavita Rs350 for her and Sunil to live on for the next three months. He had no option but to leave them to fend for themselves. Not enough rainfall had turned the...
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Crop insurance: new dawn for farmers? -Rajalakshmi Nirmal
-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...
More »Punjab opens its heart - and purse - to farmers -Sanjeeb Mukherjee & Archis Mohan
-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »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...
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