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PM Modi's income insurance idea may not win over angry farmers

Last Updated: Wednesday, June 3, 2015, 03:40

Prime Minister Narendra Modi plans to provide millions of farmers with income insurance linked to crop prices, officials say, but it may not do much to ease rural distress, with small farmers standing to benefit little and likely to be put off by bureaucracy.

M&M ties up with agri start-up Sea6 Energy for marketing

Last Updated: Friday, May 15, 2015, 18:09

As per an exclusive agreement with Sea6, Mahindra will market Jingo across the country through the distribution network of its Crop Care business.

CACP for effective crop insurance scheme

Last Updated: Wednesday, May 6, 2015, 19:05

Commission for Agricultural Cost and Prices (CACP) on Wednesday said it will recommend the Centre to make crop insurance scheme more effective and better, observing that farmers are not fully compensated for crop loss caused by natural calamities.

Wheat procurement falls to 21.73 mn tonne despite eased norms

Last Updated: Wednesday, May 6, 2015, 14:16

The government has kept wheat procurement target of 30 MT for the current year, as against the actual procurement of 28 MT in the last year.

Wheat procurement may miss 30-mn tonnes target this year: Govt

Last Updated: Tuesday, April 28, 2015, 15:42

Government's wheat procurement this year may fall short of the initial target of 30 million tonnes (MT) due to crop damage following a recent spell of unseasonal rains and hailstorms.

Cotton output to be lower at 390 lakh bales in 2014-15

Last Updated: Thursday, April 23, 2015, 15:44

The government has lowered the estimates of cotton production for the 2014-15 season to 390 lakh bales from 400 lakh bales due to untimely rains and hail storm across the country.

RBI instructs banks to restructure farm loans

Last Updated: Wednesday, April 8, 2015, 14:44

The Reserve Bank on Wednesday said it has instructed banks to restructure loans of farmers whose crops have been damaged by the recent unseasonal rains and hailstorms.

PM Narendra Modi announces higher compensation for farmers hit by unseasonal rains

Last Updated: Wednesday, April 8, 2015, 12:20

Modi said criteria of 50 percent crop damage for providing compensation to affected farmers has been reduced to 33 percent which will help more farmers to get compensation for their crop loss.

Modi govt's bonanza for farmers: Crop damage compensation hiked by 50%, eligibility lowered

Last Updated: Wednesday, April 8, 2015, 11:13

The eligibility for getting compensation for crop damage due to natural calamity has been lowered from 50 percent of crop area to 33 percent.

Unseasonal rains to push CPI inflation to 6% in Q2 2015: Nomura

Last Updated: Monday, April 6, 2015, 16:27

Inflation momentum is likely to increase in the coming months largely due to unseasonal rains which could push CPI inflation to nearly 6 percent in next three months, says a Nomura report.

Agri Minister briefs Jaitely about damages to rabi crops

Last Updated: Tuesday, March 24, 2015, 19:41

Agriculture Minister Radha Mohan Singh on Tuesday breifed his finance counterpart Arun Jaitley about damages in rabi crops in about estimated 181 lakh hectares across 13 states due to untimely rain and hailstorm.

Unseasonal rain adversely affected rabi crop output: Govt

Last Updated: Friday, March 20, 2015, 16:03

In Rabi season of 2014-15 crop year, 535.35 lakh hectares were sown under foodgrains and 79.34 lakh hectares under oilseeds.