-The Hindu Business Line Tech must be used in a big way to ensure ryots get compensated quickly, says National Insurance Academy’s Srinivasan Changing rainfall patterns, droughts, flooding and geographical redistribution of pests and diseases have posed a major challenge before Indian agriculture. With the impact of climate change looming large on agricultural productivity, the insurance sector has a big role to play. However, the implementation of Crop Insurance Scheme is mired...
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The Modi Years: Do farmers have better protection against crop losses? -Mridula Chari
-Scroll.in Private insurance companies have benefitted more than farmers from the new Crop Insurance Scheme. Pradhan Mantri Fasal Bima Yojana was launched to expand crop insurance coverage in India But coverage has shrunk, despite compulsory enrollment of farmers at the time of taking loans Private companies retain a larger share of government funds than before Farmer groups have opposed compulsory enrollment and complained about payment delays. In its manifesto for the...
More »Who will pay for sops? -Arun Kumar
-The Indian Express Government’s claim that structural changes to the economy are paying off, and that is being used to give back to the people, is problematic. The Interim Union Budget 2019 is no less than a full budget with changes in taxation and announcement of lucrative schemes for various sections of the population. The recent losses in three major assembly elections rang alarm bells for the ruling dispensation. With the...
More »Madhya Pradesh farm crisis: Crop Insurance Scheme fails to cover losses
-TimesNowNews.com (Mirror Now) Despite paying premiums of Pradhan Mantri Fasal Bhima Yojana, farmers in Madhya Pradesh are facing a crisis as the payout under the Crop Insurance Scheme are rare and farmers fail to their cover losses. Bhopal: Despite paying premiums of the Crop Insurance Scheme, farmers in Madhya Pradesh are facing a crisis. The government had launched the Pradhan Mantri Fasal Bhima Yojana in 2016 precisely to address crops ravaged by...
More »Farm Loans Across Country Will Be Waived If Congress Comes To Power At Centre: Rahul Gandhi
-Outlook "The Congress governments in Madhya Pradesh, Rajasthan and Chhattisgarh have waived farmers' loans as promised," he said, adding, "If a Congress-led government comes to power in Delhi, farm loans will be waived across the country." Congress president Rahul Gandhi Sunday said his party would waive farm loans and give a big push to the food processing industry if voted to power in the Lok Sabha elections Alleging that the Centre's crop insurance...
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