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Are crop insurance schemes working? CAG report reveals Ishan Kukreti

-Down to Earth Multiple gaps in implementation of crop insurance schemes may have compromised their purpose of benefitting Farmers The CAG audit report of the Centre’s crop insurance schemes has highlighted gaps in their implementation that compromise its purpose of providing financial assistance to Farmers. The Comptroller and Auditor General of India (CAG) looked into the performance of two schemes—Modified National Agricultural Insurance Scheme (MNAIS) and the National Crop Insurance Programme (NCIP)...

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Farm insurance scheme suffers from flawed execution: CSE

-The Hindu Business Line New Delhi: India’s flagship national agricultural insurance programme — Pradhan Mantri Fazal Bima Yojana (PMFBY) — is found seriously wanting in its implementation at ground level, New Delhi-based Centre for Science and Environment (CSE) said on Friday. “PMFBY is a classic case of poor implementation of a good scheme,” said Chandra Bhushan, CSE deputy director, at a meeting here. This is because at the State level, PMFBY vision...

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Higher GST on pesticide to affect Farmers: Industry

-IANS NEW DELHI: Imposition of 18 per cent rate on pesticides under the Goods and Service Tax (GST) system has become a cause of worry not only for Farmers but crop protection product manufacturers as well. Manufacturers say it will increase agricultural input costs, putting additional burden on Farmers as use of pesticides is essential owing to its role in controlling pest and increasing productivity. As the current farming season is at...

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Think beyond loan waivers -Ramesh Chand & SK Srivastava

-The Hindu Strengthening the repayment capacity of Farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...

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GST effect: Fate of Ludhiana plywood industry hangs in balance -Sumeer Singh

-Hindustan Times Ever since the goods and services tax (GST) was brought to force, there has been a 60% fall in the demand for plywood, owing to the tax rate of 28% on furniture goods. Situated on the outskirts of Ludhiana city in Hambran, is a small plywood manufacturing unit. Until last month, the manufacturing unit had a 110-strong workforce. But now the owner, Wazir Sood, has temporarily laid off 70 workers....

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