Agroinsurance

NEWS

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

17.06.2024 409 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.

EU reaches agreement on use of new genomic techniques in agriculture

The European Parliament and EU Member States have reached a political agreement on the use of “new genomic techniques” (NGTs) in the agri-food sector, the Danish presidency of the council confirmed on Thursday. The deal paves the way for a new regulatory framework governing how these technologies may be used to develop more resilient and sustainable plant varieties.

04.12.2025

Vietnam targets 400 000 ha in winter crop plan

Vietnam's Ministry of Agriculture and Environment reports that the northern region aims to plant 400,000–410,000 hectares of winter crops, with an estimated output of 4.8–5 million tonnes.

04.12.2025

USA - NDFU president says new crop insurance rule will hurt farmers' bottom lines

A new federal crop insurance rule that drops buy-up option coverage for prevented planting insurance will be “bad news for North Dakota farmers,” according to North Dakota Farmers Union President Mark Watne.

04.12.2025

Australia - $20 million to grow state’s aquaculture industry

The state government launched the $20 million Aquaculture Industry Development Program on Monday, aiming to strengthen and expand the seafood industry’s economic contribution to NSW.

04.12.2025

FAO’s new Global Emergency and Resilience Appeal seeks $2.5 billion to support 100 million people in 54 countries

Inaugural Appeal focuses on cost-effective agricultural solutions that link urgent needs with long-term resilience.

04.12.2025

India - Farmers devastated as severe storm wreaks havoc on crops

Farmers in southern India are under pressure as a recent storm has severely damaged their crops.

03.12.2025

India - Rodents destroy 42 pc crops in Mizoram, over 5K farmers affected

According to the Agriculture Department, Mamit district, which shares borders with Bangladesh and Tripura, was the worst hit.

03.12.2025

Hailstorm damages half of Argentinian cherry crop in the western Middle Valley

The storm that hit western Valle Medio in Argentina on Sunday threatened the cherry harvest. Hail covered roughly 30 kilometers from Chelforó to near Chimpay, with a width of 3 to 4 kilometers, according to producers' reports.