Agroinsurance

NEWS

India - Aland farmers receive ₹82.88 cr. crop insurance amount under PMFBY

17.06.2024 440 views

Of the total ₹185 crore crop insurance claim received by farmers in Kalaburagi district under the Pradhan Mantri Fasal Bima Yojna (PMFBY) for the year 2023, Aland taluk has received ₹82.88 crore, legislator B.R. Patil has said.

Addressing presspersons here on Sunday, Mr. Patil said that farmers in the district have paid ₹185 crore premium and sought ₹185 crore claim for crop loss.

He accused Universal Sompo [insurance company] of denying insurance claim of many farmers who lost their crops in the previous years.

Now, the new insurance company empanelled for implementing PMFBY is IFFCO-Tokio General Insurance Company and we have high expectations of this company, Mr. Patil added.

He said that crop insurance schemes fail due to the lethargic attitude of officials and the insurance company concerned.

Akshara Avishkara

Criticising the Akshara Avishkara programme launched by Kalyana Karnataka Region Development Board (KKRDB) a year ago by allocating ₹652 crore (25% of the KKRDB grants for 2023-24) funds, Mr. Patil said that Akshara Avishkara was launched without taking the legislators from the region into confidence.

The board did not even convene a meeting with representatives from the Kalyana Karnataka region before launching the programme. “We do not have any idea how it will help improve the quality of education,” Mr. Patil added.

Source - https://www.thehindu.com

EVENTS

ScaleAgData Stakeholder Engagement Event

22.10.2024

The ScaleAgData project is pleased to invite you to our second stakeholder event. Building on the discussions and connections formed during our first webinar, this event will focus on fostering collaboration among stakeholders, providing updates on our project’s progress, and outlining future opportunities for engagement.

RISK EVENTS

Cyclone Alfred causes $11 million crop damage in Australia

20.03.2025

The Australian horticultural sector faced challenges following Cyclone Alfred's impact in late February.

Brazil - Farm sector pushes to restore funding safeguard for crop insurance

After a year of declines in Brazil’s rural insurance market and coverage—triggered by a nearly 50% cut in federal subsidies—insurers are lobbying Congress to overturn President Luiz Inácio Lula da Silva’s veto of a provision in the Budget Guidelines Law (LDO) that would have protected funding for the policy in 2026.

13.01.2026

India - Central team reviews flood damage in Kamalapur of Kalaburagi district

A two-member Central team on Tuesday visited flood-affected villages in Kamalapur taluk of Kalaburagi district to assess crop and infrastructure damage caused by heavy rain in August and September last year and heard grievances of farmers.

13.01.2026

South Africa - Eastern Cape Agriculture Reels as Farmers Assess Post-Fire Damage

Farmers in this coastal province are picking up the pieces after devastating wildfires swept through vast stretches of land, leaving behind scorched earth and heavy losses that could take years to recover from.

13.01.2026

Canada - Provincial, federal governments announce $10M in crop research funding as tariffs loom

An announcement at the Western Canadian Crop Production Show on Tuesday morning brought an announcement by the governments of Canada and Saskatchewan about a $9.7 million investment in crop research for the province.

13.01.2026

Australia - NSW Government invests $900,000 in livestock welfare

Farmer involvement in livestock welfare issues will be boosted in New South Wales with the Minns Labor Government’s investment of $900,000 in a NSW Farmers project.

13.01.2026

Jamaica’s Agricultural Sector Mounting Swift Recovery

Minister of Agriculture, Fisheries and Mining, Hon. Floyd Green, says the agricultural sector is showing signs of a swift recovery in the aftermath of Hurricane Melissa, with several short-term crops already returning to the market.

12.01.2026

South Africa - Farmers demand access to vaccines as foot-and-mouth disease devastates KZN

KwaZulu-Natal farmers and agricultural organisations are escalating pressure on the state over the uncontrolled spread of foot-and-mouth disease (FMD), warning that vaccine shortages and bureaucratic delays have left the province on the brink.

12.01.2026

Nepal - Ilam farmers hit by insurance gap

Although the government has prioritised agricultural insurance, there is virtually no crop insurance in Ilam.