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...

-Hindustan Times The impact of climate change on India’s agriculture is more evident than ever before, but millions of small and marginal farmers do not have adequate safeguards, said a study released on Friday. The country’s farm sector is considered highly vulnerable to shifts in weather patterns as half of the cropland is dependent on rainfall, drawing around 60% of the farmers to the core of the climate-proofing debate. Climate change increases frequency...

-The Times of India NEW DELHI: With back to back drought years putting farmers under tremendous stress, the Centre believes it's effort to bolster irrigation infrastructure and disburse relief to farmers after extreme weather events are falling short thanks to some states dragging their feet. Union agriculture ministry in its periodic review of these schemes found many states not up to the mark with minister Radha Mohan Singh asking them to pull...

-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...

-The Hindu Business Line Crop insurance will make farming a safer vocation The plight of Punjab’s cotton farmers after a swarm of ‘whiteflies’ ravaged their crop is truly disquieting. In a knee-jerk response, Punjab has promised ₹640 crore for over two-third of the crop being destroyed, but on what basis, it is hard to tell. This highlights the absence of crop insurance in Punjab, as pointed out by a recent Crisil study....