Risk mitigation must for managing farm infrastructure
Prabha Jagannathan MANAGING agricultural risk is an important ingredient in building the beyond the monsoons infrastructure. Pilots for the Weather-based Crop Insurance Scheme (WBCIS) were implemented in selected areas in Karnataka state (70 hoblies). It was meant to be extended to other states, based on the success of the pilots. When the Budget 2008 came around, the FM ducked the question, refusing to be pinned down either on the WBCIS or the imperative amendments to the existing, and rather flawed, National Agricultural Insurance Scheme (NAIS), implemented since the Rabi 2000 season.