Rural India Surges ahead under NDA Government
15-May-2017|Press Information Bureau|Full Article
Union Finance Minister Arun Jaitley had announced that the total allocation for rural, agricultural and allied sectors for 2017-18 is a record Rs 1,87,223 crore, which is 24% higher from what was allocated last year.
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is one of such programmes. It aims at enhancing livelihood security of households in rural areas of the country by providing not less than one hundred days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.
Pradhan Mantri Fasal Bima Yojana.
the Pradhan Mantri Fasal Bima Yojana is an extremely farmer-friendly scheme that has eliminated all complexities in order to meaningfully address crop losses faced by farmers.
For one, the premium to be paid by the farmers is extremely low when compared to the insurance plans sponsored by the previous government.
There will be a uniform premium of only two per cent to be paid by the farmers for all kharif crops compared to 2.5-3.5 per cent earlier, and 1.5 per cent for all rabi crops.
Narendra Modi government’s crop insurance scheme loses sheen as coverage area reduces
March 25, 2018|Financial Express|Full Article
The Narendra Modi government’s flagship crop insurance scheme, has witnessed negative growth this year as the coverage has reduced to 24 per cent of gross cropped area (GCA) in 2017-18 from 30 per cent in 2016-17.
As per the government’s targets, the coverage in 2017-18 should have increased to 40 per cent but has actually reduced to 24 per cent.