Crop Insurance

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Africa Re, World Bank partner on risk-sharing for farmers

THE World Bank Group’s Global Index Insurance Facility (GIIF) and African Reinsurance Corporation (Africa Re) have entered into an agreement to carry out a risk-sharing facility to subsidize premium for over 80million farmers in Africa. The World Bank GIIF is a multi-donor trust fund that has facilitated approximately 1.5 million …

Weather-index based crop insurance as a social adaptation to climate change and variability in the Upper West Region of Ghana: developing a participatory approach

Climate change and variability are major challenges to rain-fed crop production in Africa. This paper presents a report on a pilot project to test a concept for operationalizing weatherindex crop insurance as a social adaptation to the climate change and variability problem in the Upper West Region of Ghana. An …

Crop insurance to be compulsory on farm loans

As the state bears the pain of a second consecutive drought year, crop insurance is again in sharp focus. With the financial burden only set to increase, the Karnataka government is trying to minimise the burden on the state exchequer by disbursal of drought relief and the simplest way is …

Hidden data: the new weapon that could beat hunger

LONDON – With a single smartphone app, you can now get a pretty accurate forecast of the weather anywhere in the world. That is largely thanks to a decision by science agencies, a decade ago, to put online their satellite data and make it available for free. “For hundreds of …

Africa-Asia Conclave on loss and damage due to climate change, Nairobi - Proceedings

Centre for Science and Environment (CSE) believes that since Asian and African countries—which lack the ability to reduce risk or cope with climate risks— experience climate risks disproportionately, the importance of tools like agricultural insurance meant for sharing and transferring the risks are significant and therefore must receive greater global …

State of Rural/Agriculture Banking and Crop Insurance: Standing Committee on Finance (2015-16)

The Standing Committee on Finance present this Thirty Fourth Report on the subject "State of Rural / Agriculture Banking and Crop Insurance". A comprehensive and viable agricultural finance mechanism and a financially inclusive framework to increase the coverage of crop loan, rural credit in general as also infusion of finance …

Rwanda: Govt Moves to Review Policy to Integrate Agriculture Insurance

Effects of climate change such as drought and flooding on agriculture, coupled with crop diseases, have continued to ravage crops in recent years, causing losses on farmers' investments. For instance, in Eastern Province districts of Kayonza and Nyagatare, some of the farmers did not get any harvest over the last …

Question raised in Rajya Sabha on Implementation of Pradhan Mantri Fasal Bima Yohana, 05/08/2016

Question raised in Rajya Sabha on Implementation of Pradhan Mantri Fasal Bima Yohana, 05/08/2016. Total 16 insurance companies including all concerned Public Sector Insurance Companies and 11 Private Sector General Insurance Companies have been empanelled for implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY). Names of these Companies are given …

Farmers to get 3% premium relief in crop insurance scheme

Just before she offered to step down on Monday, Chief Minister Anandiben Patel made an important pro-farmer decision to provide the maximum benefit of crop insurance scheme to farmers. Accordingly, farmers will have to pay only 2% premium instead of 5% premium as decided earlier. Under Prime Minister Crop Insurance …

Question raised in Lok Sabha on Crop Insurance Schemes, 19/07/2016

Question raised in Lok Sabha on Crop Insurance Schemes, 19/07/2016. Government has recently reviewed the existing crop insurance schemes in consultation with various stakeholders including States, farmer organisations, insurance companies etc. The major issues identified in the existing \ crop insurance schemes were high premium rates to be paid by …

How to measure whether index insurance provides reliable protection

Agricultural index insurance offers the promise of an affordable and sustainable insurance product for farmers that can help reduce their vulnerability to aggregate agricultural shocks such as large-scale drought or flooding. However, index insurance provides claim payments based on a trigger that is only imperfectly correlated with losses. This implies …

Crop insurance scheme yet to take root in state

As Jammu and Kashmir is yet to implement the Centre-sponsored Pradhan Mantri Fasal Bima Yojana (PMFBY), thousands of cultivators will be sowing kharif crop without insurance cover this year too. The crop insurance scheme had to be rolled out during the kharif season, which starts with the arrival of monsoon, …

CAG to audit crop insurance schemes in nine states

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance schemes in nine states to examine the efficacy of such initiatives in providing relief to farmers in the event of crop damage. The performance audit will include examination of records of Department of Agriculture Cooperation and …

13% Karnataka farmers avail benefits of crop insurance

Bengaluru: Farmer suicides along with the state's poor record in crop insurance schemes is a huge concern for the Karnataka Agriculture Prices Commission (KAPC). The percentage of farmers utilizing the Prime Minister's Fasal Bhima Yojana (crop insurance scheme) in the state is just 13, against the national average of 20%. …

How Pradhan Mantri Bima Yojana has emerged as farmers’ big ray of hope

The government has decided to extend the 25% import duty on wheat for another three months, mainly due to sufficient domestic stock available in the country. A notification by the Central Board of Excise and Customs is expected shortly. In March this year, the government had extended the 25% import …

India lost chance to exert right to development in Paris: CSE

The Paris climate change summit was a "lost opportunity" for India as it squandered the chance to "exert" its right to development, Centre for Science and Environment today said. In an analysis of two years of the NDA government's environmental performance, CSE also said the Centre does not have a …

Over Rs 50,000 farmers from Gujarat buy crop insurance online

Having faced the worst of droughts, farmers in Gujarat have started taking crop insurance seriously with more than 50,000 of them registering for the new crop insurance cover given by Pradhan Mantri Fasal Bima Yojana (PMFBY) via the state portal. Under the PMFBY launched this year, farmers' premium has been …

Maharashtra plans to bring 20 lakh new farmers under credit plan

Plan will be expanded from the current Rs 53,000 cr to Rs 68,000 cr The state government has set a target to bring 20 lakh farmers, who have never taken loan, under the state credit plan 2016-17. The proposal has been conveyed to the Centre and would require an expansion …

States award contracts for crop insurance

The Centre is now going to entrust the responsibility of getting more number of farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) with banks, a senior agriculture ministry has said. States such as Andhra Pradesh, Jharkhand, Odisha, West Bengal, Himachal Pradesh, Uttarakhand and Andhra Pradesh have already awarded contracts …

Weathering a risky climate: the role of insurance in reducing vulnerability to extreme weather

The people on the frontlines of the climate crisis are the world’s poorest and most vulnerable communities. Insurance can play an important role in protecting families from falling into poverty after extreme weather shocks, promoting more secure livelihoods, and transforming society's response towards more proactive management of climate risks. Yet …

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