Mitigating risks in agriculture: The inefficacy of crop insurance in times of growing weather volatility can be debilitating.
By: Editorials
.
Material type: 
BookPublisher: Economic and Political Weekly Description: 58(7), 18. Feb, 2023: p.7-7.
In:
Economic and Political WeeklySummary: Recent news reports indicate that the demand for crop insurance under the Pradhan Mantri Fasal Bima Yojana (PMFBY) has dropped substantially during the current rabi season. This is not surprising as the expansion of the PMFBY has been stalled for some time now with the area of crop insured and the crop value steadily declining in the recent years. But what is more alarming is that the government continues to ignore these warning signals even as the risks in agriculture increase significantly due to the growing weather uncertainties. And the recent efforts to restructure and reinvigorate the PMFBY have not been very effective. This puts a big question mark on the efficacy of the National Democratic Alliance government’s flagship scheme in the agriculture sector.- Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 58(7), 18. Feb, 2023: p.7-7 | Available | AR128123 |
Recent news reports indicate that the demand for crop insurance under the Pradhan Mantri Fasal Bima Yojana (PMFBY) has dropped substantially during the current rabi season. This is not surprising as the expansion of the PMFBY has been stalled for some time now with the area of crop insured and the crop value steadily declining in the recent years. But what is more alarming is that the government continues to ignore these warning signals even as the risks in agriculture increase significantly due to the growing weather uncertainties. And the recent efforts to restructure and reinvigorate the PMFBY have not been very effective. This puts a big question mark on the efficacy of the National Democratic Alliance government’s flagship scheme in the agriculture sector.- Reproduced
There are no comments for this item.