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Cabinet gives nod to new agriculture insurance scheme -Jitendra

-Down to Earth The new scheme will be unable to address the existing agrarian crises, say experts The Centre has approved a new crop insurance scheme for farmers that will replace two existing agriculture insurance schemes. The scheme, Pradhan Mantri Fasal Bima Yojana, was cleared at the Cabinet meeting headed by Prime Minister Narendra Modi. The new scheme promises less premium and early claim settlement. However, experts feel that it will unable to...

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Maharashtra saw 3,228 farmer suicides in 2015 -Alok Deshpande

-The Hindu With 610 deaths in just two months, State records highest ever suicides by farmers. Mumbai: Suicides by farmers touched a grim high in 2015. The year that had recorded 2,590 suicides until October -- the higher ever since 2001 -- went on to register 610 more deaths in just the last two months. The death toll on December 31, 2015 stood at 3,228, indicating that the slew of measures the...

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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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From plate to plough: A new budget in the new year -Ashok Gulati

-The Indian Express The farmers are under severe stress, with profitability in farming falling alarmingly. FY17 budget must boldly address the agriculture crisis. Finance Minister Arun Jaitley and his team are beginning pre-budget consultations with various stakeholders for the upcoming FY17 budget. Generally, the consultations start with agriculture, slated for January 4. It’s good practice and courteous to invite farm experts and farmers’ representatives. Often, one finds these meetings full of anguish...

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‘TN floods claimed 470 lives, over 3.83 lakh hectare crops damaged’

-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...

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