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What agriculture needs: Risk mitigation -Shoumitro Chatterjee

-Hindustan Times Its absence make farmers less receptive to pro-market reforms which add to income uncertainty At the heart of the debate on farm laws is the issue of the level of farm incomes. Income volatility is a key dimension important for farmers’ welfare, understanding their anxieties, and the success of a pro-market reform. The two main risks associated with farming are production risks and price risks. While production-related risks that come...

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Rajasthan: After a Prolonged Battle, Farmers Get Crop Insurance Claims -Shruti Jain

-TheWire.in In 2018, farmers, who had been denied insurance claims after the Agriculture Insurance Company of India refunded their premiums, filed a PIL before the Rajasthan high court. Jaipur: After almost three years of legal battle against a public sector insurance company and a state-run co-operative bank that arbitrarily denied them insurance claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers in Rajasthan’s Jodhpur have finally received their share of claims...

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‘Make crop insurance a basic right for farmers’ -Rutam Vora

-The Hindu Business Line Farm leaders pitch for public sector entity for efficient and transparent settlement The dominance of private insurers, their lack of adequate on-ground physical presence coupled with opacity in settlements are some factors that have not helped the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme take off on expected lines. With multiple gaps in the current crop insurance structure, experts have called for making crop insurance a basic right for...

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Locusts push farmers to ‘cover’ crops -Rutam Vora and Vishwanath Kulkarni

-The Hindu Business Line Rajasthan sees big enrolment under PMFBY scheme this kharif The scare of desert locust attacks coupled with erratic rainfall in the early part of monsoon has pushed more farmers in Rajasthan to take insurance for their crops under the Pradhan Mantri Fasal Bima Yojana (PMFBY) this kharif season. Sum insured Officials of the Rajasthan Agriculture Department said about 45 per cent more farmers have enrolled for the scheme this year...

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This Kharif season, PMFBY sees sharp fall in farmers covered, sums insured -Harikishan Sharma and Harish Damodaran

-The Indian Express "Opposition-ruled Maharashtra, Rajasthan and Chhattisgarh record highest coverage, even as many states, including Gujarat and MP, pull out of Modi government's flagship insurance scheme. Pradhan Mantri Fasal Bima Yojana (PMFBY) has seen a sharp drop in the number of farmers covered and sums insured in the current kharif cropping season. This comes even as many states – Andhra Pradesh, Telangana, Jharkhand, Gujarat and Madhya Pradesh – have exited or...

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