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Crop Insurance: An Overview from Situation Assessment Surveys -Rakesh Kumar Mahato and Sanjukta Chakraborty

-Foundation of Agrarian Studies Crop loss is a common characteristic of agricultural households in rural India. Various factors cause crop losses such as the abnormal behaviour of monsoon, i.e. excessive rainfall or drought, cyclones, lightning, storm, diseases, insects, animals, and so on. Crop Insurance acts as mechanism to cope with the problem of crop loss, specifically to reduce the impact of income loss for the agricultural households. This blog will draw a...

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Crop Insurance claims over Rs 3,300 crore pending due to payment failure, delay in state subsidy -Shagun Kapil

-Down to Earth Farmers belonging Jharkhand, Karnataka, Telangana, and Maharashtra have the highest amounts pending under insurance claims Over Rs 3,300 crore is pending in payment to farmers across India in Crop Insurance claims  since 2018-19 under the government’s flagship Crop Insurance scheme, due to ‘payment failure’ and delay in state subsidy. An amount of Rs 3,372.72 crore out of claims worth Rs 66,460 crore in the last three years under the Pradhan...

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MSP is Insurance Against Anarchy in Future: Economist Sukhpal Singh -Ajaz Ashraf

-Newsclick.in Answers to all the questions you are likely to have about the Minimum Support Price and the controversy surrounding it. Prime Minister Narendra Modi’s hope that his promise to repeal the three new farm laws will have the protesting farmers to promptly fold their tents and leave Delhi has been belied. The farmer unions have instead declared that they are not going to call off their one-year stir until the Union...

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Well-functioning Crop Insurance crucial for reducing farmer’s vulnerability -Natasha D'cruze, Priyadarshini Ganesan, Natasha Dcruze and Priyadarshini Ganesan

-The Hindu Business Line It is an important tool for agrarian families to manage and mitigate their risks Agriculture plays a pivotal role in the Indian economy, especially in rural areas. According to the recently-released Situational Assessment and Land Holdings of Agricultural Households in Rural India Report (SAS, 2019) by the National Statistics Office, 54 per cent of rural households are agricultural, earning 37 per cent of their household income from farming.  This sector, however, is also subject to a...

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Drones may be deployed to expedite Crop Insurance claim settlements -KA Martin

-The Hindu Agriculture Insurance Company looks at technology-aided assessment methods Agriculture Insurance Company (AIC) of India Limited, the public sector organisation engaged in providing insurance cover for various crops, is in discussions with various commodity boards for exclusive crop-specific insurance schemes. A senior official of the Agriculture Insurance Company said that one of the goals of the company was to speed up settlement of insurance claims by farmers and the company was exploring...

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