-Livemint.com Traditionally, public policy has tended to view Indian farmers as what is described in economic history as the “dumb peasant” Last week, the National Democratic Alliance (NDA) government launched a revamped crop insurance scheme. At first glance, the scheme, christened Pradhan Mantri Fasal Bima Yojana, looks mostly like a reworking of the risk cover already in place; actually, it is much more. Not only does it take a big step in de-risking...
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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...
More »A harvest-time gift -Ashok Gulati
-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back droughts, and unseasonal rain and hail in certain...
More »Cabinet gives nod to new agriculture insurance scheme -Jitendra
-Down to Earth The new scheme will be unable to address the existing agrarian crises, say experts The Centre has approved a new crop insurance scheme for farmers that will replace two existing agriculture insurance schemes. The scheme, Pradhan Mantri Fasal Bima Yojana, was cleared at the Cabinet meeting headed by Prime Minister Narendra Modi. The new scheme promises less premium and early claim settlement. However, experts feel that it will unable to...
More »Crop scheme after rural losses -Radhika Ramaseshan
-The Telegraph New Delhi: Heavy losses in rural areas in recent elections have pushed the Narendra Modi government to re-launch its crop insurance scheme with changes to make it more farmer-friendly. The BJP has been asked to go all out to sell the scheme, renamed the Pradhan Mantri Fasal Bima Yojana (Prime Minister Crop Insurance Scheme) to emphasise Modi's central role in conceptualising it. Three senior ministers, Rajnath Singh, M. Venkaiah Naidu and...
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