Agricultural insurance is supposed to protect farmers from financial hardships and risks when crop losses and damage takes place due to extreme weather events such as drought, cyclone, hailstorms, flood etc. However, in reality this does not hold true in India. Due to the failure of crop insurance schemes in India, there has been a deepening of agrarian crisis and rural distress in the recent times, particularly in the backdrop of...

-Business Standard The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon Bhopal/ New Delhi/ Bhubaneshwar: Farmers are faced with a multitude of problems. Cotton and basmati rice growers in Punjab and sugarcane farmers in west UP are under stress due to the non-payment of insurance and state compensation. Growers in Odisha, Madhya Pradesh,...

-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...

-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...

-Hindustan Times Bhopal: The Madhya Pradesh government will prepare a legal framework for leasing land for agriculture that would not put the land owner at a disadvantage but will provide rights to the lease holder, chief minister Shivraj Singh Chouhan said on Tuesday. Chouhan was addressing the media at the conclusion of an exercise launched by the state government to assess the ground situation against the backdrop of the farming crisis. He said that...