-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
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26.5% farmers sought coverage under PM's crop insurance scheme -Madhvi Sally
-The Economic Times NEW DELHI: The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched during the 2016 kharif season to help farmers insure their crops against natural calamities has provided coverage to 366.64 lakh farmers (26.50%), the agriculture ministry has said. The ministry expects the scheme to exceed the target of 30% coverage for both kharif and rabi seasons in 2016-17. The scheme covers 388.62 lakh hectare with sum insured of Rs 1, 41,339...
More »More than 26% of farmers covered under govt's crop insurance scheme
-The Financial Express More than 3.66 crore farmers of the estimated 14 crore in the country were enrolled with the NDA government’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) in the recently-concluded kharif season (2016-17) and overall coverage of crop insurance is set to surpass the target set for the year, an agriculture ministry statement on Wednesday stated. “As on date the scheme has provided coverage to 3.66 crore farmers (26.50%) and...
More »Cash crunch leaves farmers high and dry in MP's Bundelkhand
-Hindustan Times Bhopal: The Centre’s demonetisation move has hit the farmers in MP’s Bundelkhand hard who were hoping for good rabi crops after facing four years of hardships owing to drought in the region. Farming is the main occupation in the region, and heavy rains this year had brought smiles on the faces of farmers. As the sowing for winter crops was almost complete in this part of the state before demonetisation was...
More »Crop insurance plan pays off as 9 lakh farmers enrol under PMFBY in Karnataka -Sharan Poovanna
-Livemint.com To increase farmers’ enrolment in the PMFBY, the Karnataka government started deducting compulsory insurance premiums for almost all crop loans disbursed Bengaluru: The Karnataka government’s initiatives to enrol more farmers under the Pradhan Mantri Fasal Bhima Yojana (PMFBY)—to ensure continued Central assistance to help mitigate the economic impact of deficient rainfalls and resulting crop damage—seems to have paid off as the number of enrolments in the state during the kharif...
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