Philippines - PCIC 2 offers insurance subsidy to Cordillera provinces

09.05.2014 202 views

To help farmers recover from losses during calamities, the Philippine Crop Insurance Corporation (PCIC) region 2 has crossed regional boundaries just to offer insurance subsidy to farmer-beneficiaries in eastern towns of the Cordillera Administrative Region.Rodelia Pagaddu, head-marketing and sales division, said there are 8,370 farmers in Kalinga, Apayao and Ifugao towns who availed of the PCIC's Subsidized Agricultural Insurance Program for Priority Provinces (SAIP-PP). "The three provinces were among the top 20 priority provinces nationwide to be given crop insurance subsidy," she added.The SAIP-PP, she explained provides subsidy for poor farmers whose crops were damaged by natural calamities like flood, drought and typhoon.Pagaddu said the Department of Agriculture (DA) has allotted P25 million to subsidize the payment of the insurance of the indentified beneficiaries.“This is an effort of the government to help poor farmers insure their agricultural crops which are very vulnerable to natural calamities and pest infestations,” Pagaddu said.She added that there are farmers who could not afford to sustain the payment of the insurance program. "The subsidy program solves their problem to secure their livelihood," Pagaddu told.Since Region 2 is not covered by the program, the PCIC Cagayan Valley took the initiative to serve the farmer-beneficiaries in the three provinces due to its proximity to the regional office.

Source - http://news.pia.gov.ph/

04.06.2026

India - Delhi raises crop damage compensation after 10 years by over 50% to Rs 75,000 per hectare

In a major relief for farmers, the Delhi government has increased compensation for crop loss caused by rain and hailstorms from Rs 20,000 per acre to Rs 75,000 per hectare.

04.06.2026

Why Tech-Driven Agro-Insurance Has Stumbled in Ethiopia

For decades, Ethiopia’s agricultural sector has remained trapped in a dangerous paradox. 

04.06.2026

UK - Rural crime cost Wales £2.2m last year despite fall in offences

Rural crime cost Wales an estimated £2.2 million last year, with organised criminals continuing to target tractors, livestock and farming equipment despite an overall fall in offences, according to a new report.

04.06.2026

Kenyan Agro-Insurance Startup, Pula Raises US$ 20 Million in Series B Round

Pula, a Kenyan startup that offers insurance to small-scale farmers, aims to serve more than 100 million farmers in Africa after raising US$ 20 million in its Series B round. 

04.06.2026

USA - USDA announces $52M to boost public access to private lands for hunting, fishing

The U.S. Department of Agriculture is announcing $52 million to help state and tribal governments encourage private landowners to allow public access to their land for hunting, fishing and other wildlife-dependent recreation through the Voluntary Public Access and Habitat Incentive Program (VPA-HIP). 

04.06.2026

Hope Grows in Malawi’s Grain Stores as Farmers Battle Post-Harvest Losses

Some grain rots in poorly ventilated storage. Some is eaten by pests. Some is damaged during drying or transportation before it ever reaches the market.

03.06.2026

Canada - AFSC extends several northern Alberta seeding dates for 2026

Alberta’s Agriculture Financial Services Corp. (AFSC) is extending the recommended seeding dates in the province’s northeast, northwest and Peace regions for several crops for the 2026 growing season only.

03.06.2026

India - Elephants run amok in Konaje agricultural farm, cause massive crop damage

A herd of elephants, including calves, wreaked havoc on an agricultural farm belonging to Yashodhara Gowda at Pallattadka in Konaje village of Kadaba taluk.