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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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Rabi crop fine for now, a few worries over wheat and early end to winter -Harish Damodaran

-The Indian Express Field reports suggest that the mustard crop — currently about 70-90 days old and at the reproductive (flowering and pod development) stage in most areas — is in good condition. Dry weather combined with unwinter-like temperatures — roughly 5 degrees Celsius above normal levels for this time — may not pose immediate worries to the rabi season crops in the fields now. But the real concern is whether...

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Warm and dry winter leads to lower sowing of wheat, pulses and oilseeds -Sayantan Bera

-Livemint.com Wheat sowing is lower by 5.6%, pulses by nearly 7% and oilseeds shows a lag of nearly 12%, compared to the normal area sown by this time of the year New Delhi: An unusually dry and warm winter across northern India has impacted sowing of winter crops, even as the window for planting is nearing its end. While overall sowing of Rabi (winter) crops is lagging behind by 6% compared to...

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What a cheque for Rs.23 says about the state of the Indian farmer -Sayantan Bera

-Livemint.com The money came from the Centre, which in April revised the amount farmers get as relief for crop damage New Delhi: Two weeks before 2015 ended, 50-year-old Sukhrani received a new year’s gift from the Uttar Pradesh government. The local revenue officer visited her village in Banda district of Uttar Pradesh to hand out cheques to families whose winter crop was damaged due to unseasonal rains between February and April...

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Managing agricultural risk

-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...

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