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Budget 2016: Why the FM needs to spend more on farm sector, and how -Chiranjivi Chakraborty

-The Economic Times NEW DELHI: The crisis in the country's farmland has taken out one of the biggest spenders of the economy from the demand-supply chain - Farmers. The agrarian economy employs more than 50 per cent of the workforce and therefore, affects a large number of total consumers in the economy. Its conspicuous absence has resulted in weak aggregate earnings performance by India Inc, especially in the consumer durables, staples and auto...

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Haryana, Punjab may cut Bt cotton sowing -Komal Amit Gera

-Business Standard The move comes after a joint action panel recommended use of traditional varieties as they were immune to pest attacks Chandigarh: Farmer suicides in Punjab and Haryana in the aftermath of extensive damage to the cotton crop in 2015-16 due to pest attack has led to a swing in official opinion against genetically modified (Bt) seeds. A Joint Action Committee was appointed by the two state governments on the causes and...

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New insurance scheme aims to cover 50% of Farmers -Sayantan Bera

-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all Farmers under a new and revamped crop insurance policy that seeks to shield Farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...

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New insurance scheme has nothing for Farmers: Swaraj Abhiyan

-PTI "At the ground level, PMFBY and the Guidelines will make no difference to the Farmer-as is prevalent now, the insurance premium will be deducted without the Farmers' knowledge, consent and information and when there is crop loss, the same yield based assessment arbitrarily decided by patwaris will apply," Abhiyan added. Criticising the new crop insurance scheme launched by Prime Minister Narendra Modi, Swaraj Abhiyan said it will make no difference to...

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Insurance sop -TK Rajalakshmi

-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...

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