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Here is why farmers' rights groups are unhappy with PM Modi's insurance scheme for them -Yogesh Pawar

-DNA Widespread damage and loss of the Kharif crop in 2015 due to drought served to highlight the insecurity of the Indian farmers in the face of various challenges beyond their control: drought, hailstorms, unseasonal rains, cyclones, wild animals, epidemics and seed or technological failures, among others. Farm rights movements across the country have rubbished the Pradhan Mantri Fasal Bima Yojna (PMFBY) calling it “a dressed up version of existing crop insurance...

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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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CSE report probes why crop insurance schemes are failing

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...

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Keeping a finger on the pulse economy -Yoginder K Alagh

-The Tribune To ensure stable prices of pulses and attractive returns for producers, policies of domestic prices and tariffs should blend. Import duties must be calibrated with demand. As the Indian economy grows at a rate of 7 per cent plus, assuming low growth as an aberration, the food basket will diversify. Within grains, the movement will be to pulses as shown by the  expert group on pulse production. The yield and...

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Fixing rural distress: A challenge for both Nitish and Modi -Sayantan Bera

-Livemint.com As many as 23 out of 38 districts have received deficit rain ranging 20-60% of the normal; overall, the 2015 Jun-Sep monsoon recorded a 28% deficit Nitish Kumar, who will take oath as chief minister of Bihar for the third consecutive time, will face a daunting task as he tries to tackle rural distress in the state that has been hit by a drought. The issue had found little mention in the...

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