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20 02
2017
India - State takes lead as more farmers opt for crop insurance
Despite being a Congress ruled state, Karnataka has taken the lead in the successful implementation of the Narendra Modi government's flagship crop insurance scheme. The Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched last year amid much fanfare. PMFBY, which has been renamed Karnataka Raita Suraksha Pradhana Mantri Fasal Bima Yojana, has covered about 16 per cent of state's farmers so far, according to agriculture department officials.
20 02
2017
India - Crop loss being assessed
Collector M. Asia Mariam inspected the ongoing survey of drought-hit crops in the district on Friday. Officials of the departments of Revenue, Agriculture and Horticulture were engaged in assessing the damage to crops due to monsoon failure. The Collector along with officials inspected farm lands in Pallakapalayam, Ammani village, Kallankattu Valasu, Veerapampalayam, Nallampalayam, Pandalkadu Medu, and Kadachanallur, all in Kumarapalayam block.
20 02
2017
USA - Insurance industry grapples with potential losses from climate change
Climate change presents a knotty problem — and big risks — for insurers. Severe weather events such as hurricanes, tornadoes and droughts are expected to occur with more frequency as the climate warms up, experts say. That presents the risk of greater losses for insurers to cover damage claims. There were 198 natural disasters worldwide in 2015, according to the most recent annual report by Swiss Re, the most it has ever recorded, though the $28 billion in losses stemming from them was relatively low for recent years because no hurricanes made landfall in the U.S.
20 02
2017
South African macadamia orchards endangered by tropical storm
The tropical storm Dineo may have a serious detrimental effect on the harvest of macadamia nuts according to leading independent advisor to the macadamia nut industry, Stephan Schoeman. He has warned macadamia growers in Limpopo and Mpumalanga about the potential impacts from tropical depression, Dineo.
20 02
2017
Lithuania fills gap between EU and South American cultivation
While many blueberry cultivators are looking for an expansion of the early season in countries such as Spain, Morocco, Romania and Ukraine, Dutch cultivator Harm Valckx is going further north for expansion. This spring, he started planting 20 hectares of blueberries in Lithuania. “In the past ten years we noticed a gap between European and South American production from September to the start of October. With this expansion, we are trying to close that gap.”
20 02
2017
India - Direct Benefit Transfer leads to Rs 50,000-crore savings for government in 3 years
Savings due to Direct Benefit Transfer (DBT) over the last three years have touched Rs 50,000 cr as on December 31, 2016, as per latest government figures. This amount is equivalent to the subsidy paid out under DBT in this financial year, implying nearly a year’s subsidy was saved. “The savings figure is expected to significantly rise further in the next financial year as the government will be bringing a total of 533 central payout schemes in 64 ministries under the DBT mechanism by March 31, 2018 as per the directions of PM Narendra Modi,” a top government official told ET.