Government okays new crop insurance scheme for farmers at low premium

Faced with two consecutive drought years, the Centre on Wednesday cleared a crop insurance scheme under which farmers’ premium has been kept at a maximum of 2% for foodgrains and oilseeds and up to 5% for horticulture/cotton crops. To be rolled out from the Kharif season this year, the much-awaited scheme – Pradhan Mantri Fasal […]

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Drought-hit Indian farmers seek support in federal budget

India needs to increase budgetary allocations for irrigation projects and offer higher procurement prices for crops to support farmers hit by two years of drought, farmer associations said. Drought in many parts of the country has hit production of rice, cotton and other crops, hurting the popularity of Prime Minister Narendra Modi, whose party recently […]

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