When disaster strikes, resources must be mobilised quickly and efficiently to assist people in affected areas. Having the right financial instruments, policy mechanisms, and disaster management strategies in place allows governments to not only provide emergency humanitarian assistance, but also to repair national assets and infrastructure like buildings, bridges, roads, and communications networks.
In November 2020, the World Food Programme (WFP) in Madagascar launched ARON’NY FAMBOLENA VOATSE, an area-yield index insurance programme for farmers in nine pilot localities in the districts of Amboasary and Ambovombe in the South of Madagascar, a region severely affected by the impacts of climate variability and change and known for its dry conditions.
The Centre has written to the state governments seeking their views on including the so-called ‘Beed formula’ as an option under its flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY). The move comes at a time when several states have developed cold feet on PMFBY, citing the cost of the premium subsidy being borne by them.
China's Ministry of Finance said the application scope of two types of agricultural insurance relating to planting rice, wheat and corn will be expanded by an extension to a pilot program. In a statement on Tuesday, the ministry said one of the products is full-cost insurance covering various costs of agricultural production, including that of seeds, pesticides, fertilizers, land, labor, and losses from natural disasters, plant diseases and pests, among others.
The central government’s refusal to allow the states to implement the Beed model for the Pradhan Mantri Fasal Bima Yogna (PMFBY) has put the government in a fix on how to tweak the scheme as most suitable for Maharashtra. Intense deliberation about the scheme has failed to produce any concrete result due to which the official government resolution (GR) for implementation of the scheme is yet to be announced though kharif sowing is in full swing.
Zurich North America’s crop insurance business has connected to farm data management software John Deere Operations Center, through John Deere’s API Services. The connection expands Rural Community Insurance Services’ (RCIS) existing precision agriculture offerings and allows its insureds to electronically connect their field data to RCIS systems for a more seamless, accurate and secure crop insurance reporting experience.
Zurich North America has announced that its crop insurance business, Rural Community Insurance Services (RCIS), is now connected to John Deere Operations Center, a farm data management software, through John Deere’s API Services. The connection expands RCIS’s existing agriculture offerings and allows farmers insured through RCIS to electronically connect their field data to RCIS systems for more seamless, accurate and secure crop insurance reporting.
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