In the wake of the farmer crisis in the country, the home minister Rajnath Singh is fast-tracking the introduction of the proposed National Crop Income Insurance Scheme, which guarantees
income to the farmer during fluctuating prices (he will have to bear loss of 20%). During yield losses due to natural calamities, including drought or unseasonal rain 70-50% of loss would be paid by the government. It also brings all national insurance programmes under its purview and the government wishes to roll it out soon given the present crisis.
income to the farmer during fluctuating prices (he will have to bear loss of 20%). During yield losses due to natural calamities, including drought or unseasonal rain 70-50% of loss would be paid by the government. It also brings all national insurance programmes under its purview and the government wishes to roll it out soon given the present crisis.
Singh had held a meeting on Wednesday with the Minister of State for Agriculture, Sanjiv Balyan, and bureaucrats of the ministry to finalise contours of the proposed insurance scheme for farmers.
An Assocham-SkymWeather study released earlier this month revealed only 19% of farmers have opted for crop insurance while among the rest, 24% said the facility was not available and 11% said they can't afford the premium. There have been five national schemes since 1985, and all have failed with farmers left with no safety net when crops fail.
A serious case like farmer suicide, right in the middle of an ongoing political rally motioned at opposing the land acquisition bill has certainly put a big question mark on Modi's signature land bill. While opposing parties have already started protesting the Land Bill and demanding justice for Gajendra Singh, the whole furore looks like an acid test of the Modi government on the issue of agricultural lands and people dependent on it. In a chain reaction of yesterday's tragedy, the Congress workers are staging protests in front of Delhi CM's residence and Delhi Police Commissioner's residence demanding immediate scrapping of the proposed land bill.
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