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...

-The Hindu Business Line A creeping crisis in soyabean in Madhya Pradesh has given rise to this contradiction. Different policies are called for The Indian policymaker seems to suffer from the musk deer syndrome. The musk deer is a rare species that produces musk in its own body. But it does not realise this and searches endlessly for the source of the aroma. India faces a similar dilemma. On the one hand, the...

-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...

-The Hindu What happened at Shishubhawan is symptomatic of how deep the rot is in India's crumbling public health infrastructure. It has been two months since news and reports of the deaths of 40 infants at Shishubhawan, the largest paediatric care centre in eastern India, broke. The facility is for critically-ill children from Jharkhand, Chhattisgarh and Odisha. By the end of September, 56 deaths were reported in a span on 12 days. Even...

-Financial Chronicle Return for farmers could grow as overall output of cereal crops has remained stable With growing health awareness and relatively lower costs, millets are making a strong comeback after experiencing negative growth for several years. Millets, which are coarse cereals, need less water and are hence preferred by farmers in areas where there is a shortage of water. The crop is also favoured because of its productivity and short growing...