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Private insurers set to make Rs 3000 crore profit from crop cover, PSUs in loss
Thursday, January 17, 2019, 7:11 AM
ELEVEN private insurers are set to register profits of over Rs.3,000Cr cumulatively from crop insurance business for year-ending March 2018 as against Rs.4,085Cr losses incurred by state-owned insurers, raising questions about allocation of business. Premiums collected by private insurers from the government were higher than the claims made by farmers for crop losses due to floods, earthquakes or shortfall of rain during the year.
India's flagship crop insurance scheme a big leap, but needs fixes
Sunday, November 4, 2018, 11:23 AM
The Pradhan Mantri Fasal Bima Yojana (PMFBY), India's flagship crop-insurance scheme which is counted as the world's largest, is a big improvement over older schemes, but its improved features haven't made it any easier to implement or motivated all states equally. These are some of the key findings of two first-time reviews of the scheme that tracked its performance since its launch in 2016.
Kisan Kranti Yatra: Demands of farmers protesting at Delhi border
Tuesday, October 2, 2018, 8:11 PM
The farmers belonging to Bhartiya Kisan Union, who were stopped from entering the National Capital at Uttar Pradesh-Delhi border, are demanding unconditional loan waiver and minimum support prices among other things. In a 15-point charter, they sought implementation of Swaminathan Commission report, which states that farmers should have access to and control over resources like land and water.
