India - Telangana Farmers Face Financial Ruin Amid Crop Losses Due to Lack of Insurance Schemes

26.03.2025 564 views

Agriculture in Telangana is facing a growing crisis as recent unseasonal rains have caused significant crop damage across the state. A total of 11,298 acres of farmland in 13 districts have been affected, with paddy, maize, and mango crops suffering substantial losses.

 Minister Tummala Nageswara Rao confirmed that compensation would be provided once reports on the damage are received, but the timeline for assistance remains unclear.

Lack of Crop Insurance in Telangana

The absence of effective crop insurance coverage has left farmers vulnerable to financial ruin. Despite the national government offering crop insurance schemes, Telangana has opted not to join the central government’s Pradhan Mantri Fasal Bima Yojana (PMFBY). While the scheme was launched in 2016, the Telangana government rejected it, citing high premiums and low compensation rates.

Since the implementation of the Rythu Bandhu scheme in 2018, there has been no comprehensive crop insurance scheme in place. Instead, the state government has resorted to providing compensation on a case-by-case basis after crop damage occurs. This system has led to growing frustration among farmers, who feel that their plight is often ignored by authorities.

Promises of Change and Continued Disappointment

The promise of joining the PMFBY or introducing a state-specific insurance scheme has been made repeatedly, but to date, no concrete action has been taken. Former Congress government officials had initially announced intentions to enroll in the central insurance scheme, but those promises went unfulfilled.

Even after assuming office, CM Revanth Reddy’s administration has yet to implement any significant measures to address the insurance needs of farmers, despite the mounting crop damage. Farmers, who are already bearing the brunt of unseasonal rains, continue to voice their demands for a comprehensive crop insurance scheme that ensures financial protection against natural calamities.

Farmers Demand Action and Accountability

With crop losses reported in a significantly higher area than initially estimated, farmers are calling on the government to take immediate action. They demand the establishment of a reliable insurance scheme that would protect them from the unpredictability of nature. Farmers argue that without proper insurance coverage, they are left with no safety net in the face of crop failures, putting their livelihoods and families at risk.

As discussions about crop insurance gain momentum once again, the Telangana government faces mounting pressure to fulfill its promises and provide farmers with the support they need to recover from the damage caused by natural disasters.

 

Source - https://munsifdaily.com

 

01.10.2026

India - Kitchen budget in Mumbai takes a hit as veggie prices rise amid crop loss, low supply

Vegetable prices in Mumbai have risen sharply after Ganeshotsav and with the onset of Pitrupaksha, as erratic monsoon conditions, crop damage and lower arrivals tightened supplies, said traders. 

01.10.2026

Togo Plans Pilot Agricultural Insurance Scheme for Young Farmers and Entrepreneurs

Togo’s PAJEC entrepreneurship program plans to launch a pilot agricultural insurance scheme. The government has issued a call for expressions of interest to select a provider to design and roll out the scheme.

01.10.2026

India - Soybean prices recover as crop damage offsets pressure from rising arrivals

Indias soybean prices recovered sharply w-o-w on 30 September 2026 despite a rapid increase in new-crop arrivals, as concerns over crop damage and lower production estimates have offset pressure from increased supplies. 

01.10.2026

USA - Fruit growers face Nov. 20 crop insurance deadline

Northeast fruit growers have until Nov. 20 to purchase or update crop insurance for the 2027 crop year, according to Crop Growers, a crop insurance provider owned by Farm Credit East.

01.10.2026

IFPA releases statement on largest Cyclospora outbreak in U.S. history

The International Fresh Produce Association (IFPA) has called for greater collaboration between industry and public health authorities as the United States experiences what it describes as the largest Cyclospora outbreak on record.

01.10.2026

Ukraine introduces new rules for GM crops and produce

Ukraine's new law regulating genetically modified organisms (GMOs) and GMO products comes into force on September 16, introducing clearer requirements for the registration, cultivation, traceability, and labelling of GM crops.

30.09.2026

Spain - Fruit supplier targets 30-45% growth with year-round supply strategy

Senda Fruits is heading into another edition of Fruit Attraction with a clear objective: to expand its market presence and aim to meet the needs of its customers all year round. 

30.09.2026

Corn Stocks Shock U.S. Market as USDA Finds 2.1 Billion Bushels in Storage

USDA found 2.095 billion bushels of old-crop corn in storage, far above trade expectations and adding new pressure to U.S. grain markets.