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PM Fasal Bima Yojana is suffering from low coverage sINCe the last 2 years

  The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...

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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati

-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...

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Worst droughts, famines in India due to lack of moisture, says study -Snehal Fernandes

-Hindustan Times Previous attempts to study 18th and 19th century droughts have been limited to meteorological droughts caused by failure of rains A study that reconstructed droughts and famines across India over the last 146 years says lack of moisture in the soil for extended periods of time can be linked to some of the most devastating famines. Previous attempts to study 18th and 19th century droughts have been limited to meteorological droughts...

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Policy bias against rainfed agriculture -Priscilla Jebaraj

-The Hindu Three out of five farmers in India grow their crops using rainwater, instead of irrigation. However, per hectare government investment into their lands may be 20 times lower, government procurement of their crops is a fraction of major irrigated land crops, and many of the government’s flagship agriculture schemes are not tailored to benefit them. A new rainfed agriculture atlas released this week not only maps the agro biodiversity and...

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States allocation: panel sticks to 2011 census -TCA Sharad Raghavan

-The Hindu Proposals will impact Central Budget and those presented by States for 2020-21, says N.K. Singh The 15th Finance Commission will not alter its approach on solely using the 2011 Census for population figures in its calculations for allocations to States, Chairman N.K. Singh said in an interview. However, he added that other measures would be INCluded that would ensure that States that have performed well by controlling population growth would not...

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