-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...

-Business Standard Allocation boost likely for schemes on agriculture, irrigation, rural roads In a move to boost rural consumption and alleviate distress in the hinterland, the government is likely to give an allocation push in Budget 2016 to programmes on irrigation, rural roads, soil health cards and agriculture. According to officials, the Union Budget for 2016-17 could see a significant increase in allocation to marquee programmes like the Pradhan Mantri Krishi Sinchai Yojana,...

-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...

-DNA The report said it will ease the exit of those farmers who find farming unattractive or non-viable and economically strengthen those farmers who want to stay and raise the scale of operational holdings. Opening farmland for 'liberalised leasing' through government-run 'Land Banks' can be a 'win-win reform' in the Indian farm sector, stated the latest report of the National Institution for Transforming India (NITI) Aayog taskforce on agricultural development. The report...

-The Indian Express The sector is ripe for reform. Will the Centre bite the bullet in the next budget? One of the top economic priorities of Prime Minister Narendra Modi is to boost the manufacturing sector. Much of the effort to attract FDI is geared towards this. But the fertiliser sector has not seen any major fresh investment in the last 15 years or so. Some urea manufacturers are even seriously thinking of...