-Financial Express Forget the fanfare about the PM-AASHA scheme that is designed to lend greater price support to farmers, procurement of pulses and oilseeds by the public sector is likely to drop by more than a third in the kharif 2018 season from the year-ago period. The decline in procurement comes after two consecutive kharif seasons in which it surged and reached a critical mass, compared with very small quantities earlier. Just...
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Desert blues -AM Jigeesh
-The Hindu Business Line The BJP faces its toughest battle in Rajasthan, where rural agrarian distress is more acute than elsewhere It has been a long summer for Anirudh Meena. The farmer from Kota in Rajasthan is still waiting for the government to financially compensate his brother Hukumchand Meena’s family. A garlic farmer, Humukchand took his life in May, after the price of the bulb came crashing down, leading to heavy financial...
More »Farm loan waivers lead to fewer crop insurance policies -Prabhudatta Mishra & Prasanta Sahu
-Financial Express Implementation of farm loan waivers by various state governments has led to a sharp decline in both the number of insurance policies and the farm area insured under the Pradhan Mantri Fasal Bima Yojana (PMFBY). According to data gathered by FE, during kharif 2018 (the harvesting of the crop is on), the number of insured loanee farmers under PMFBY was just over 2 crore, compared with 3 crore such...
More »In UP's sugar bowl, harvest is rich but not sweet -V Kumara Swamy
-The Telegraph With an overload of cane price arrears, V Kumara Swamy warns of a looming crisis for farmers Until a few years ago, you could tell the seasons in western Uttar Pradesh when you drove down its highways just by looking at the standing crops. In winter, one would see an unending landscape of swaying wheat and mustard, during summer it would be all sugarcane and paddy. These days, almost through the...
More »Dry Bundelkhand gets rain bounty, acreage up by 5% to 1.1 mn hectares -Virendra Singh Rawat
-Business Standard The total kharif crop acreage in UP now stands at more than 9 Mn Ha, including 6 Mn Ha of paddy and 1.7 Mn Ha of pulses Lucknow: Bountiful rainfall in arid Bundelkhand region of Uttar Pradesh has not only ended the drought spell of previous years but has also translated into the kharif acreage rising by almost 50,000 hectares this year. The area under different kharif (summer) crops across 7...
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