The government has made its flagship crop insurance schemes voluntary for farmers with existing crop loans or those willing to take new ones, as it seeks to address the concerns raised by farmers' body and states in implementation of these programmes. "The Union Cabinet has approved the revamping of 'Pradhan Mantri Fasal Bima Yojana (PMFBY)' and 'Restructured Weather Based Crop Insurance Scheme (RWBCIS)' to address the existing challenges in implementation of crop insurance schemes," an official statement said.
Farmers in some villages of Maharashtra's Akola district claimed to have received as little as Rs 3 and Rs 21 as compensation under a central insurance scheme for the crop losses they suffered due to heavy rains, and called the aid as 'insulting' and 'mockery' of their plight.
Those without Aadhaar can still avail of the scheme after producing proof of applying for Aadhaar
Tamil Nadu ranks lowest in terms of crop insurance penetration, which is just 3.12 per cent, as compared with 25-40 per cent in other states in the country.
Actor-politician Vijay's TVK party is likely to form the government, bringing focus to their election promises, including gold for marriage, financial assistance for women, and job creation.
TVK chief Vijay has released his manifesto for the Tamil Nadu Assembly elections, focusing on women's welfare, education, agriculture, and job creation.
BJP's Punjab unit chief Sunil Jakhar asserts the party's commitment to building a 'new Punjab' despite recent attacks, highlighting key issues like drug abuse and governance failures in the state.
West Bengal's new government, led by Chief Minister Suvendu Adhikari, has approved several key policy changes, including the implementation of the Ayushman Bharat health scheme, land transfer for border fencing, and the adoption of new criminal laws.
The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.
The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.
Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year
TVK founder Vijay, upon becoming Chief Minister, approved free electricity units and special forces for women's safety and anti-drug efforts. He pledged a commitment to secularism and social justice, asserting his authority as the sole power centre.
West Bengal Chief Minister Mamata Banerjee has criticised the deployment of CRPF armoured vehicles during the Assembly elections, accusing the BJP-led Centre of using government resources to favour their party. She also addressed concerns of potato farmers and urged them to sell their produce in other states.
'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'
Currently, the Department of Agriculture runs two crop insurance schemes, one of which is weather-based.
Prime Minister Narendra Modi on Saturday proposed a G20 initiative aimed at enhancing clean energy transitions by boosting recycling, easing supply chain pressures and advancing joint research on critical minerals, and suggested forging a partnership to make satellite data more accessible and interoperable.
Congress MLA Nana Patole was suspended from the Maharashtra assembly for a day on Tuesday after he climbed the speaker's podium, demanding action against Bharatiya Janata Party MLA Babanrao Lonikar and Agriculture Minister Manikrao Kokate for allegedly 'insulting' farmers.
Announcing a Re 1 crop insurance scheme for farmers, the deputy CM said the government will bear the financial burden of Rs 3,312 crore.
Farmers will no longer have to wait endlessly for claiming their payments from the government.
Kharge also targeted Prime Minister Narendra Modi, saying the people should not believe Modi's "guarantees".
At least two farmers had ended their lives in Sillod during March 3 to 12, police had said. However, sources claimed at least six agriculturists had ended their lives in Aurangabad district in the Marathwada region during the same period, prima facie due to indebtedness.
Core retail segments like motor and health continue to report strong growth of 19-20 per cent with competitive intensity still visible in the motor OD (owner driven) segment. Commercial lines reported muted growth. Group health remains a key driver. Among the listed companies, ICICI Lombard continues to trail in the motor section while Star Health has lost its Y-o-Y retail market share although its better on a sequential basis.
Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, finds itself in a bind as the Directorate General of GST Intelligence (DGGI) has issued multiple Show Cause Notices (SCNs) amounting to Rs 922.6 crore. This development comes at a time when Reliance Capital is currently undergoing a debt resolution under the National Company Law Tribunal (NCLT) process in which the Hinduja group has emerged the winner. The Hinduja acquisition is currently awaiting the Supreme Court's approval after the Torrent group, the winner of the first round, challenged the second auction conducted by the lenders of Reliance Capital.
In the months of May, June and July, state and district level conventions of the SKM shall be held in every state/UT to galvanise and organise farmers and farm workers, it said.
A Madhya Pradesh farmer has claimed that he lost his crop because of Prime Minister Narendra Modi's proposed rally in the state on February 18.
The latest tension between the two states cropped up after the Shinde government recently announced that it would allocate an additional Rs 54 crore for its 'Mahatma Jyotiba Phule Jan Arogya Yojana', so that the benefits could be extended to the border villages in Karnataka that Maharashtra has been laying claim to.
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.
More funds are expected to be allocated for the new crop insurance scheme, PMSKY and RKVY.
Prime Minister Narendra Modi on Sunday said awareness about it should be spread across the country so that at least 50 per cent of the farmers join it within two years.
'There is no immediate threat to the government, and they would prefer the growth agenda.'
This could impact their books in the third quarter of the current financial year.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
Money will be earmarked for the social sector - especially rural districts that house three-fifths of voters
Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.
Sources said the Insurance Regulatory and Development Authority's vigilance department was looking into these complaints and had carried out inspections in this regard.
The ruling Mahayuti alliance in Maharashtra is heavily banking upon a six to 10 per cent shift in voters -- mostly women -- in its favour to return to power with anywhere between 160 and 170 assembly seats, say four MLAs belonging to Eknath Shinde's Shiv Sena.
The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.
She also accused the Union government of making "false claims" about crop insurance benefits to the farmers, even as the state government was bearing 80 per cent of the cost.
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