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Farmers await crop insurance payout, 55% claims pending -Sayantan Bera

-Livemint.com Under the flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana, Rs5,875 crore, or just 45%, has been paid to farmers, agriculture ministry data shows New Delhi: Farmers who suffered crop losses in 2016-17 are yet to receive insurance compensation for 55% of estimated claims under the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY), shows latest numbers from the agriculture ministry. The data shows that insurance companies collected Rs22,338 crore in 2016-17...

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Are farmer suicides on the wane? -Sayantan Bera

-Livemint.com 2016 recorded the lowest suicides in the farm sector in over two decades, shows data shared by agriculture minister Radha Mohan Singh New Delhi: There is little doubt that 2016 was replete with positive data on agriculture sector—a normal monsoon, record production of grains and perishables, and a rebound in the farm sector growth after consecutive years of drought-induced dismal performance. However, this positive data failed to lift farmers’ sentiment because...

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Crop Insurance: A flagship scheme that may flatter to deceive -Harish Damodaran

-The Indian Express For farmers, a uniform 2 per cent premium rate on sum insured (SI) for all kharif or monsoon season foodgrains and oilseeds, while 1.5 per cent for rabi winter crops and 5 per cent for annual commercial and horticultural crops, is the lowest they can hope for. The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima...

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Centre privacy U-turn

-The Telegraph New Delhi: The Centre in a U-turn today told the Supreme Court the right to privacy can be a fundamental right subject to certain limitations, and said it wanted a "smaller bench" - instead of the current nine-judge constitution bench - to decide whether the Aadhaar scheme violated that right. Attorney-general K.K. Venugopal, the country's top law officer, made the concession after the bench of Chief Justice J.S. Khehar and...

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Tomato prices soar to Rs. 100/kg in Delhi-NCR on short supply

-PTI New Delhi: Tomato prices have risen to around Rs. 100 per kg in the national capital market as supplies from major producing states have been disrupted because of heavy rains. Mother Dairy is selling tomatoes at Rs. 96 per kg here through its 300 retail stores ‘Safal’, while online grocery platforms like Big Basket and Grofers are offering this key vegetable at nearly Rs. 100 per kg. Local vendors are selling tomatoes...

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