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Govt to Insure Farmers Income, Says Indian Agri Minister

11 June 2014

INDIA - Soon after being put in charge as India’s Agriculture Minister, Radha Mohan Singh pointed out areas where the government will focus in agriculture sectors.

While speaking to reports after taking charge, the minister said that the government will launch an agriculture income insurance scheme that will provide compensation to farmers in case of crop damage arising out of factors like drought.

The government will take the average of the last seven years of a farmer's income and offer insurance for that amount.

The premium will be paid by the government.

On irrigation, the minister said that government will launch a prime minister's gramin sinchayi yojana (village irrigation scheme) to expand irrigation coverage and reduce the dependence on monsoons.
Apart from two ambitious schemes to provide irrigation and insurance to farmers, the minister also identified cow protection and Indian cow breed improvement as his priority areas.

“Countries like Brazil and Australia have taken Indian breeds of cows and developed improved breeds, while we are trying to bring foreign breeds of cows,” Singh adds.

The minister stressed that that genetically modified (GM) crops should be allowed only in extremely necessary cases.

The minister also held meeting with senior officers of all three departments of the ministry, who briefed him about different aspects including the preparedness to tackle deficient rainfall during the monsoon season, farm insurance, matters relating to small and marginal farmers, animal husbandry, agricultural research and education.

 

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