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

30.12.2015 375 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
19.03.2026

USA - Long-Term Farm Borrowing Costs Likely Stay Elevated, Increasing Reliance on Insurance and Subsidy Programs

Farm CPA Paul Neiffer explains the updates to crop insurance subsidies, additional benefits for new farmers, and eligibility considerations for those entering the program.

19.03.2026

India - 48 CSC operators under lens: 27,416 bogus crop insurance claims without crop; 5 FIRs filed in Jalgaon

At least 27,416 crop insurance claims for banana cultivation were found to have been filed on land where no crop existed in Jalgaon district, which is known for banana cultivation.

19.03.2026

USA - Bear, Deer Crop Damage Impacting Farmers in Southside Va.

Deer grazing in crop fields and bears wallowing in rows of corn are creating costly headaches for farmers across Southside Virginia.

19.03.2026

Spain - 15 tonnes of dead shellfish: How Galicia’s 80% crop loss hits seafood prices

Spain has officially removed over 15 tonnes of dead shellfish from the coast of Galicia following a catastrophic 80% die-off that is set to trigger a sharp rise in seafood prices. 

19.03.2026

USA - Idalou farm battles early crop losses as volatile weather threatens the season

The growing season hasn’t officially started, but Idalou Harvest is already counting losses.

19.03.2026

India - Government Pushes Crop Diversification, MSP Procurement and Faster Insurance to Strengthen Farmers’ Incomes

India’s Union Minister for Agriculture and Farmers’ Welfare and Rural Development, Shivraj Singh Chouhan, has outlined a series of policy measures aimed at strengthening farmers’ incomes and risk protection, including crop diversification, record procurement at Minimum Support Price (MSP), reforms in crop insurance, and stricter monitoring of agricultural schemes.

18.03.2026

Nepal - Farmers at a loss for lack of insurance for banana plantation

Farmers in Rautahat are suffering losses due to the lack of insurance for banana cultivation. Farmers here have been affected by natural disasters because there is no insurance for banana farming in various local units of the district.

18.03.2026

CARICOM Chair emphasizes agriculture’s leadership role at launch of regional agricultural insurance in St Kitts and Nevis

On Tuesday, March 17, The Hon. Dr. Terrance Drew, Chair of CARICOM and Prime Minister of St. Kitts and Nevis, emphasized the critical role of agriculture in achieving food security and fostering sustainable development.