-Hindustan Times The CSE report shows that insurance companies had only settled 32.45% of the claims made till April 2017. New Delhi: An independent evaluation of the Modi government’s much-touted crop insurance scheme has showed that insurers gained nearly Rs 10,000 crore in gross profit during the last kharif season, from June to November 2016. However, it settled less than a third of the crop-loss claims filed till early this year. The report released...
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Are crop insurance schemes working? CAG report reveals Ishan Kukreti
-Down to Earth Multiple gaps in implementation of crop insurance schemes may have compromised their purpose of benefitting farmers The CAG audit report of the Centre’s crop insurance schemes has highlighted gaps in their implementation that compromise its purpose of providing financial assistance to farmers. The Comptroller and Auditor General of India (CAG) looked into the performance of two schemes—Modified National Agricultural Insurance Scheme (MNAIS) and the National Crop Insurance Programme (NCIP)...
More »The draft laws for organic foods, if cleared, will adversely affect small farmers -Chandra Bhushan
-Hindustan Times The Food Safety and Standards Authority of India’s new certification regulation is going to hinder the growth of the sector. Instead of targeting small farmers, why not make laws that require mandatory labelling of foods grown with pesticides, chemicals or GMO etc? The Food Safety and Standards Authority of India (FSSAI) recently announced the Draft Food and Standards (Organic Food) Regulations, 2017, aimed at curbing sale of fake organic...
More »Sowing of Kharif crop completed in 53% of total cultivation area -Sayantan Bera
-Livemint.com Kharif sowing has been completed in 56.3 million hectares, 8% higher than the area planted by this time last year, and 12% higher than five-year averages New Delhi: Cultivation of rain-fed Kharif crops has been completed in over 53% of the total area planted during the season, showed data released by the agriculture ministry on Friday. So far 56.3 million hectares have been planted under different crops, 8% higher than the area...
More »Settlement of claims under crop insurance plan delayed by states: Radha Mohan Singh -Sayantan Bera
-Livemint.com States like Bihar and Kerala did not deposit their share of insurance premium on time, delaying payments to farmers, says agriculture minister Radha Mohan Singh New Delhi: Due to states delaying assessment of crop loss, settlement of claims under the centre’s flagship crop insurance scheme is getting delayed, agriculture minister Radha Mohan Singh said on Wednesday. The minister also complained that some states like Bihar and Kerala did not deposit their...
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