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The Ailing PM Fasal Bima Yojana Needs a Structural Redesign -Baikunth Roy and Satyendra Kumar

-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly incomes, a high proportion of...

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Condemning the new farm laws, Vikalp Sangam urges the government to help the country move towards a more sustainable, regenerative and diverse agricultural system

-Press release by Vikalp Sangam (vikalpsangam.org), dated 5th December, 2020 Vikalp Sangam (vikalpsangam.org) -- a conglomeration of 60+ active CSOs and members -- in its press release dated 5th December, 2020 has stated that the newly enacted farm laws of the Centre will lead to further land alienation (landlessness) and destitution of the peasantry because the laws permit, in thinly disguised form, the unsparing loot by the lobby of agri-businesses and...

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How BALARAM can make its plough dent on ground? -Pranab Ranjan Choudhury and Arabinda Kumar Padhee

-The Pioneer In yet another demonstration of commitment to its inclusive agriculture growth agenda, the Government of Odisha has announced the BALARAM Yojana to provide crop loans worth more than Rs 1,000 crore to the landless sharecroppers through joint liability groups (JLGs) in the next two years. Lauded as one of the most inclusive income support/cash transfer schemes in the country, KALIA was announced in 2019 to help the small and marginal...

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Budgetary allocations to agricultural and rural sector is meagre, alleges ASHA

-Press release by Alliance for Sustainable & Holistic Agriculture (ASHA) dated 1st February, 2020 New Delhi, February 1st 2020: A thorough analysis of the Budget shows that even though the Budget speech spoke much about Agriculture and Rural sector and a 16-point program, the allocations for the Rural Economy were in fact slashed in this Budget compared to previous year. The Budget allocation for Agriculture, Allied sectors and Irrigation in 2020-21...

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RBI panel questions efficacy of populists schemes for farmers, in favour of more structural changes -Atmadip Ray

-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...

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