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Crop insurance or deficiency payments? -Sukhpal Singh

-Livemint.com The most glaring implication of the proposed deficiency payments is that it makes the state give up its responsibility of intervening in markets During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of...

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Centre contemplating launch of insurance scheme for farmers -Vikas Vasudeva

-The Hindu ‘Agriculture sector is facing a lot of challenges due to recurrent droughts and floods’ The Centre is contemplating bringing in a viable insurance scheme for farmers given that the agriculture sector is facing a lot of challenges due to recurrent droughts, floods and other weather-related changes, Union Agriculture and Farmers Welfare Minister Radha Mohan Singh said on Thursday. Speaking at a national dialogue on ‘Innovative Extension System for Farmers Empowerment and...

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Rural distress intensifies

-Business Standard Unless irrigation expands, agriculture will not be drought-proof Even as India celebrates the golden jubilee of the Green Revolution, the National Sample Survey Organisation (NSSO) has come out with data indicating that nearly 70 per cent of farmers subsist on economically unviable farm holdings of less than a hectare in size. Over one-fifth of farm households report salaried employment, and not farming, as the prime source of their income. Around...

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UP shows way in direct subsidy payment to farmers -Harish Damodaran

-The Indian Express Uttar Pradesh farmers have taken well to direct benefit transfers, though there are doubts if it can be extended to fertilisers. Akhilesh Yadav’s government in Uttar Pradesh is turning out to be a pacesetter in implementation of direct benefit transfers (DBT) to farmers. Farmers in UP got Rs 28.60 per quintal from the state government for the sugarcane they supplied to mills during the 2014-15 crushing season. The payments, totalling...

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CCEA approves creation of buffer stock of pulses -Vikas Vasudeva

-The Hindu In a bid to keep pulses price under check, that went sky-rocketing during past few months, the Centre has now decided to create buffer stock of pulses. The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for creation of buffer stock of pulses. The buffer stock will be created in current year itself. In its meeting held here, the CCEA has approved procurement of about 50,000 ton pulses...

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