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Managing agricultural risk

-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...

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India’s killing fields -Paranjoy Guha Thakurta

-The Asian Age It’s a huge story. And it’s not getting the kind of media attention it deserves. It’s a story about India’s farmers. It’s a story about the ongoing agrarian crisis in the country in the wake of two successive years of drought. If one looks only at the figures of growth of gross domestic product which tend to make headlines in financial publications, there’s no story for agriculture comprises...

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If it doesn’t rain -Shweta Saini & Ashok Gulati

-The Indian Express We need a contingency plan that combines real-time technology with robust insurance and easy credit. On April 22, 2015 the Indian Met Department (IMD) released its first forecast for the upcoming monsoon rains, saying it is likely to be below normal, at 93 per cent of the long period average (LPA). Only a week before that, on April 15, a private forecaster, Skymet, had predicted normal rains (102...

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‘Green Van’ takes veggies to the doorstep -KN Murali Sankar

-The Hindu   Farmers take this initiative to bypass middlemen PITHAPURAM (Andhra Pradesh): At a time when Drones are being used to deliver pizzas, enthusiastic farmers from B. Prattipadu and Tatiparthi villages near here have launched the sale of farm fresh vegetables at the doorstep. ‘Green Van' is the concept launched in unison by 21 farmers from the two villages, who own one hectare land each and have converted it to cultivate vegetables such...

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Winnowing fact from rhetoric: A look at what figures tell of UPA's regime-Maitreesh Ghatak

-The Economic Times     There is a narrative that the UPA's rule at the Centre led to an economic disaster, especially in the second term. In contrast, Gujarat has prospered, thanks to Narendra Modi's good governance. We have several problems with this. First, through UPA's first term and about halfway into its second, many economic indicators critics like to harp on were much better than those during the NDA days. This is true...

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