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Crop insurance can tackle bad harvests - Shanthu Shantharam

-Livemint.com Weather and prices continue to haunt modern agriculture and farmers, only 20% of who are covered by crop insurance in our country Two risks that have haunted modern agriculture for decades are weather and prices. Indian farmers have been one of the worst victims of the vagaries of nature and prices. They badly need protection, but less than 20% of them are covered by crop insurance. Insurance is an instrument...

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From plate to plough: A Baisakhi gift for the farmer -Ashok Gulati

-The Indian Express Unseasonal rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...

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Only 19% of farmers have crop insurance, says Assocham study

-The Hindu Business Line New Delhi: Less than 20 per cent Indian farmers have crop insurance, exposing a majority of them to the vagaries of weather and leading some of them to take their lives, as is being reported after untimely rains damaged Rabi crops. According to an industry chamber Assocham-Skymet Weather study released on Sunday, at the all-India level, only 19 per cent farmers reported ever having insured their crops. The...

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Protecting the small farmer -Ananth Gudipati

-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either banks or...

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New Crop Income Insurance Scheme – a cure worse than the disease -Dr. Devinder Sharma

-ABPLive.in In the midst of the widespread damage to standing crops from unseasonal rains, a National Crop Income Insurance Scheme has been introduced on a pilot basis. What is being perceived as a long-term solution to the prevailing agrarian crisis, and is being pushed as an insurance against weather-related disasters as well as provide an assurance against any income shocks will only end up acerbating the crisis. The cure being suggested is...

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