India - At meet to aid farmers, officials get Rs 21000 coupons

30.12.2015 241 views
While the farmers are yet to receive a single penny for crop damage due to bad monsoon this year, the public representatives and officials in Rajasthan State Cooperative Bank Limited (the top institution of the district central cooperative banks) pocketed cash coupons worth Rs 21,000 each as gift for attending a meeting to discuss crop insurance and compensation to the farmers. Those who collected coupons include Congress leader and bank chairman Leela Maderna, MD K.K. Gupta, professional directors P.P. Singh, Narayan Singh and Brijesh Agarwal, the special secretary to cooperative minister and two district collectors. Overall, 19 cash coupons were distributed to those who attended the meeting and the remaining 10 were distributed among officials of the bank, finance department and cooperative department. It has been an old practice in the bank to distribute gifts to the members who come for the meeting. Generally, blankets or briefcases are distributed but this time cash coupons were purchased from Axis Bank. Another deviation from this practice was to gift coupons to even those not present in the meeting, which included the cooperative minister’s special secretary. Ironically, the same cooperative banks have been acting tough with the farmers regarding loans. The banks have set strict targets for their employees to collect loans from the farmers despite the fact that the farmers have still not received compensation for their damaged kharif crop, which also forced them to take loan from private money lenders for rabi crop. Rajasthan is one of the worst-affected states in the country because of bad monsoon this year, with 15,000 villages drought-affected. Source - http://www.asianage.com
09.09.2025

USA - Taylor County farmer arrested for crop insurance fraud

A man in Taylor County, KY, has been sentenced to 12 months and 1 day in federal prison for crop insurance fraud. Between 2014 and 2021, Hunt sold crops under the names of other people and significantly underreported his true production on crop insurance claim forms, resulting in over $1.6 million in fraudulent insurance overpayments.

09.09.2025

India - The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments

Union Agriculture Minister Shivraj Singh Chouhan has announced crucial modifications to the Pradhan Mantri Fasal Bima Yojana (PMFBY), citing the Centre's experience with the previous Jagan Reddy government in Andhra Pradesh. The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments.

13.08.2025

New area-yield index insurance helps farmers tackle climate risks

Land Bank Insurance Company has expanded its pilot “index insurance” product with the introduction of Area-Yield Index Insurance (AYII), designed to help farmers manage financial losses caused by large-scale climatic and environmental risks.

13.08.2025

Lithuania declares nationwide emergency over summer rainfall damage

Lithuania’s government on Wednesday declared a nationwide emergency after weeks of heavy summer rains caused widespread crop losses, following a proposal from the National Crisis Management Centre and the Agriculture Ministry.  

13.08.2025

Australia develops world-first biodegradable foot and mouth disease vaccine

The world’s first biodegradable vaccine for foot and mouth disease (FMD) has been developed in Australia, a country that remains free from the dreaded livestock

13.08.2025

USA - Researchers make breakthrough discovery that could transform agriculture: 'This research is important'

Scientists at Iowa State University have determined that co-locating solar panels and certain plants may be beneficial for crop production.  

13.08.2025

Fiji - Agriculture ministry tackles food waste

The Ministry of Agriculture is exploring an innovative new approach to reduce food waste by converting post-harvest losses and kitchen scraps into valuable resources like livestock feed and soil enhancers.  

13.08.2025

USA - Continuing drought affecting Vermont farmers, especially livestock farms

As dry conditions continue to spread across Vermont, one industry that is feeling the heat is the farms.