-The Hindu A book brought out by NABARD, authored by R.S. Deshpande, says Pradhan Mantri Fasal Bima Yojana carries the baggage of the earlier failed crop insurance schemes A book on the theme “Rainfed Agriculture and Droughts in India” (2022) brought out by the National Bank for Agriculture and Rural Development (NABARD) argues that crop insurance is not a “perfect medication” any more for farmers hit by natural calamities such as floods...
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Punjab farmers holding back wheat stocks in hopes of better prices -Vishal Joshi
-Hindustan Times Field studies and market trends show wide disparity between drop in crop yield and drop in wheat arrival at mandis in semi-arid belt of Punjab’s Malwa region Bathinda: Field studies conducted by the state agriculture authorities reveal that districts in the semi-arid belt of Punjab’s Malwa region have recorded a drop of 8-17% in wheat yield even as the market trend indicates a much wider gap in crop arrival in...
More »A cutback in PMFBY funding may further affect the timely release of compensation for crop failures
On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
More »Bereft of cover
-The Hindu Business Line Implementation issues in Fasal Bima Yojana need to be addressed A BusinessLine series from perennially drought-prone Jalna and Parbhani districts in Maharashtra has brought to the fore implementation lapses in the Pradhan Mantri Fasal Bima Yojana (PMFBY). Farmers have not been compensated for crop damage, owing to multiple factors. Chief among these is irregularities in Crop Cutting Experiments. The CCEs are meant to be carried in the presence...
More »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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