India - Karnataka government set to release first crop compensation amount

22.01.2024 500 views

The State government will release the first instalment of compensation money to 30 lakh farmers in the next one week, Revenue Minister Krishna Byregowda said here on Friday.

The minister told reporters on Friday that though the State government has announced 223 taluks as drought-hit and crop loss on 48.19 lakh hectares, and appealed to the Union government for compensation in September 2023, even today, compensation funds have not been received.

Byregowda, in a video conference with DCs, told them to ensure the compensation money is released to farmers on time. He said that under the Farmer Registration and Unified Beneficiary Information System (FRUITS), land details of 75 per cent of farmers are uploaded. In the next one week, the first instalment of compensation money will be released to bank accounts of farmers.

He said there have been cases of compensation being misused earlier, which will now be prevented as money will be released based on FRUITS data. Lakhs of farmers’ data was not uploaded and officials had been working on it for the past 15 days. Expressing displeasure over the Union government, Byregowda said that in spite of meeting Central government authorities, money was not released. “But farmers are in distress, so we are releasing the first instalment of Rs 2,000 to farmers from our treasury,” he added.

Speaking on Assistant Commissioner courts, the minister said close to 60,000 cases were pending before these courts which were more than five years old. Of these, 33,000 cases were sorted out in the past three months. There were 2,215 cases in Tahsildar courts earlier, which are now reduced to 170.

Source - https://www.newindianexpress.com

22.10.2025

USA - Second man admits crop insurance fraud in KY, must pay $1.1M in restitution

A Kentucky tobacco farmer pleaded guilty this week to a federal charge of crop insurance fraud after stealing more than $500,000 through false checks. 

22.10.2025

India - Karnataka government in March 2025 approved ₹667.73 crore of insurance claims to farmers, it has only released ₹340.99 crore of it

The State government in March 2025 approved ₹667.73 crore of insurance claims to farmers who suffered crop loss in Kalaburagi. Of this amount, only ₹340.99 crore insurance claims were released and disbursed to farmers accounts.

22.10.2025

India 0 NABARD plans to extend weather-linked insurance to all farmers

NABARD is exploring an insurance product which will link milk production with a temperature humidity index. The product will compensate for income losses due to reduction in milk yield owed to heat and humidity variations

22.10.2025

Indonesian government rolls out aquaculture insurance scheme

The Indonesian government is expanding a micro insurance scheme for fish farmers, in order to minimise the risks facing small-scale aquaculture producers.

22.10.2025

India - AIC launches ‘Aquaculture Insurance’

The Agriculture Insurance Company (AIC) of India Limited launched its new product ‘Aquaculture Insurance’. The insurance product will cover species like Silver and Grass Corp, Rohu, Katla, Mirgal, Murail, Pangasias and Trout.

21.10.2025

Uzbekistan Launches National Project to Insure Horticultural Farmers with Support from International Partners

Representatives of the Ministry of Agriculture of Uzbekistan held a working meeting with members of the Insurance Development Forum (IDF) to discuss the implementation stages and prospects of the project “Agricultural Insurance for Horticultural Farmers in Uzbekistan.”