-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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New insurance scheme aims to cover 50% of farmers -Sayantan Bera
-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...
More »Insurance sop -TK Rajalakshmi
-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...
More »India pushes GM’s frontier again with mustard, but what’s inside it? -Zia Haq
-Hindustan Times In Bollywood romcoms, mustard fields glowing iridescent yellow are an oft-used backdrop for romantic songs. Remember the iconic 1995 hit, Dilwale Dulhaniya Le Jayenge Mustard, as it were, is an onscreen metaphor for vigour and youthful passion. However, looked through a farm scientist’s lens, the traditional Indian mustard isn’t genetically very impressive. It is only half as robustly growing as its east European cousins. Low yields mean India has to...
More »MP: Crops dry up near water sports site -Nida Khan
-Hindustan Times Indore (Madhya Pradesh): The contrast could not have been starker. At Hanuwantiya village of Khandwa district, the Madhya Pradesh government is celebrating Jal Mahotsav and developing the biggest water sports destination of the country in the backwaters of Indira Sagar dam. And barely 35-40 km away, farmers in several villages are facing a famine-like situation and staring at crop failure. Most of the farmland in the area has turned brown...
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