-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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Civil society urges more resources for social sector
Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
More »New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera
-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...
More »Farmland-lease nod on table -Basant Kumar Mohanty
-The Telegraph New Delhi: A high-level panel is set to propose legalising the leasing of farmland in all states, a practice now banned in many states as a perceived legacy of the zamindari system. If it's legalised, people unable or unwilling to till their farmland - or at least the whole of it - can formally lease their land or a part of it for cultivation by others. This will allow millions of...
More »Agriculture has high hopes from this Budget
-Business Standard Govt should revamp agricultural marketing to increase farmers' earnings and amend land-leasing laws Finance Minister Arun Jaitley has met farm sector representatives for pre-Budget consultations at a time Indian agriculture is passing through a bad patch - especially because of two years of consecutive drought. Predictably, therefore, most participants pitched for more credit on soft terms, higher minimum support prices (MSP) for crops and the expansion of irrigation facilities to...
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