-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back droughts, and unseasonal rain and hail in certain...

-PTI Chennai: Tamil Nadu Chief Minister Jayalalithaa on Monday said the “unprecedented” northeast monsoon has killed 470 people and nearly a lakh livestock besides damaging crops in over 3.83 lakh hectares in the State. Detailing the large-scale destruction caused by heavy rains in four phases during October-December 2015, Ms. Jayalalithaa recalled her demand for a central assistance of Rs 25,912.45 crore for the relief and restoration works. Noting that the Central team of...

-Business Standard The government is holding talks with states providing cashless health insurance, such as Karnataka, Tamil Nadu and Gujarat After providing life cover and accident cover, the government is now working on a universal health insurance plan. To begin with, it will provide a seamless solution to the existing cashless health schemes in states by integrating those with the Centre's direct benefits transfer (DBT) platform. Later, these would be scaled up. "Encouraged...

-The Indian Express Uttar Pradesh farmers have taken well to direct benefit transfers, though there are doubts if it can be extended to fertilisers. Akhilesh Yadav’s government in Uttar Pradesh is turning out to be a pacesetter in implementation of direct benefit transfers (DBT) to farmers. Farmers in UP got Rs 28.60 per quintal from the state government for the sugarcane they supplied to mills during the 2014-15 crushing season. The payments, totalling...

Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...