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PMFBY 2.0: A revamped crop insurance scheme -Amit Mohan Prasad

-The Indian Express The recent tweaks to the Pradhan Mantri Fasal Bima Yojana, including making it 100% voluntary and capping premiums at 30%, are going to be a game-changer. The Centre has recently revamped the Pradhan Mantri Fasal Bima Yojana (PMFBY) that will have far-reaching impact on the implementation of this flagship crop insurance scheme. Launched in the 2016 kharif season, PMFBY makes the insurance companies liable for full risk coverage. Farmers...

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Gujarat: Farmers grow Rabi crops in 40 lakh hectares in state, cumin tops the list -

-The Indian Express Kutch has also registered record sowing of cumin seeds in 62,100 hectares out of the total 1.46 lakh hectare sown this Rabi season. Rajkot: In a record in recent years, farmers of Gujarat have sown Rabi crops in almost 40 lakh hectares, after receiving better-than-average monsoon rainfall in 2019. Moreover, farmers have sown cumin seeds in around five lakh hectare, the highest in the past six years, with Devbhumi...

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In Maharashtra, linking land records to PM Fasal Bima saves time, plugs leaks -Parthasarathi Biswas

-The Indian Express Does away with need for village revenue officer’s signature; guards against crop insurance fraud. Pune: Early in December, when Bhagwan Ingole, a farmer from Malegaon in Ardhrapur taluka of Nanded went to the Citizen Facilitation Centre in his village to insure his one acre of rabi chana (bengal gram) crop, he was in for a surprise. During the previous seasons, the operator of this one-stop shop catering to most...

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Acute shortage of labour to extend Maharashtra's sugar season -Parthasarathi Biswas

-The Indian Express The start of the sugarcane season in Maharashtra is marked by the seasonal migration of around 7-8 lakh labourers from Marathwada and North Maharashtra to the mills in various parts of the state. Pune: Maharashtra’s sugarcane crushing is all set to extend by at least a fortnight as mills complain of acute shortage of harvesting labourers. Mills say that at present around 15-20 per cent less labourers have turned...

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Minimum support prices for winter crops up 5-7%

-Financial Express Robust production doesn't necessarily boost farmers' earnings. In the case of many crops, including oilseeds and pulses, the procurement levels are crucial and even the price support scheme sans procurement doesn't seem to be working on the groun The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved modest increases of 5-7% in the minimum support prices (MSP) for rabi crops for the 2019-20 season. Even as the winter sowing...

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