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

30.12.2015 360 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
11.03.2026

Scaling up crop insurance in Africa for climate resilience and agricultural transformation

As climate change impacts intensify, African economies face increasing exposure to extreme weather events. The World Bank estimates that nearly 18% of the world’s population is at risk from severe weather events from which recovery would be difficult; in Africa, that number is 37%.

11.03.2026

USA - Specialty Crop Losses Outpace Federal Bridge Assistance Funding

The U.S. Department of Agriculture (USDA) is rolling out a new Farmer Bridge Assistance (FBA) program for specialty crops — that is, crops not included in the first $1 billion relief package — but early analysis from Terrain suggests economic losses across the sector far exceed available funding.

11.03.2026

India - Maharashtra Govt Sanctions ₹15.77 Crore Relief For Jalgaon Farmers, Increases Compensation Limit To 3 Hectares

Relief and Rehabilitation Minister Makarand Jadhav-Patil informed the Assembly that the Government of Maharashtra has sanctioned ₹15.77 crore for farmers in Jalgaon district affected by crop damage due to unseasonal rains in Raver and Yawal talukas.

11.03.2026

Fertilizer emissions may damage soil bacteria that help crops grow

Nitrous oxide (N₂O) is usually discussed as a climate problem – a powerful greenhouse gas that can spike in soils after fertilizer use. But new research from the Massachusetts Institute of Technology (MIT) suggests it may also play an unexpected biological role.

11.03.2026

India - ₹243.52 crore interim crop insurance relief released to 2.9 lakh farmers in Kalaburagi

Minister for Rural Development and Panchayat Raj Priyank Kharge said the State government would make every effort to ensure that the proposed Millet Hub is established in Kalaburagi district, provided the Agriculture Department submits a detailed project report (DPR) along with a blueprint at the earliest.

11.03.2026

USA - Wheat Prices Rise on Poor Crop Conditions as Insurance Deadline Nears for Spring Plantings

Wheat markets have seen strong price movement in recent days following a disappointing crop condition report across several major producing states.

10.03.2026

India - Nearly all crop insurance claims settled, Centre tells Lok Sabha

The Centre on Tuesday informed the Lok Sabha that nearly all claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY) have been settled, asserting that the crop insurance scheme now ensures timely and transparent compensation for farmers across the country.

10.03.2026

Turkish Malatya apricot crop recovers after 2025 frost damage

Malatya in Turkey, which accounts for about 85% of global dried apricot production, is entering the budding stage following frost damage recorded in April 2025. Early assessments from the region indicate improved crop conditions compared with earlier expectations.