-IANS NEW DELHI: Prime Minister Narendra Modi on Monday unveiled a seven-point strategy to double the income of farmers in six years with measures to step up irrigation, provide better quality seeds and prevent post-harvest losses. "In the past, the emphasis has been on agricultural output, rather than on farmers' incomes. I've set the objective of doubling the farmers' income by 2022," the prime minister told the Bloomberg India Economic Forum here. "I...
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From Plate to Plough: Raising farmers’ income by 2022 -Ashok Gulati & Shweta Saini
-The Indian Express The picture is completed by the Pradhan Mantri Fasal Bima Yojana (Crop Insurance) and e-market platform that he is going to launch on April 14. For the last two months, the Narendra Modi government seems to have gone into an overdrive to appease farmers. Several farmer rallies have been organised and the common theme has been the PM’s “dream” to double the incomes of farmers by 2022. According to...
More »Crop Insurance revisited
-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new Crop Insurance scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...
More »New Crop Insurance scheme will cover 50% of farmers: Jaitley -Deepa Nair
-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the Crop Insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...
More »Without Crop Insurance, farmers won’t benefit: Experts -Rameshinder Singh
-Hindustan Times Ludhiana: Punjab finance minister Parminder Singh Dhindsa may have announced several perks for the agriculture sector, including provident funds for farmers, financial relief to families in which farmers committed suicides and medical insurance as part of the Budget 2016-17 for the state but several agricultural experts and farmers have pointed out all perks are futile without Crop Insurance. They stressed that if crop of farmers are not insured by the...
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