Programs: 1. Consider a new permanent cover program to compensate producers for taking marginal land out of production. 2. Encourage insurance programs to promote the use of novel crops and ensure programs respond more quickly to the impact of climate change. 3. Continue to promote policies that reward and incentivize best management practices, including reforms to insurance, extension activities and other government programming. 4. Continue to develop the Excess Moisture Insurance program so that premiums and coverage reflect the risk and improve the long-term viability of the program.
More than 400 farmers from Mubende, Kyegegwa and Kibaale districts have been equipped with skills to enable them minimise the post-harvest losses. These are mainly attributed to the damp conditions during storage which aid mould growth and the associated risk of aflatoxin contamination. At a recent workshop held in Mubende Town, Kenneth Oweyesigyire from Aponye Uganda--a company that deals in agricultural produce, noted that most of the produce is of low quality.
The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions. The scheme, which is expected to be approved by the cabinet soon, will also put to use mobile phones to assess crop yields and cut down payout delays.
The Centre and the states should formulate suitable agricultural policies and implement them in earnest to rescue farmers from the debt trap and to save their lives, according to former member of the Rajya Sabha. He made the plea in a representation to Union Finance Minister Arun Jaitley in New Delhi on Monday as a part of the pre-budget consultations being conducted by the Minister.
While the farmers are yet to receive a single penny for crop damage due to bad monsoon this year, the public representatives and officials in Rajasthan State Cooperative Bank Limited (the top institution of the district central cooperative banks) pocketed cash coupons worth Rs 21,000 each as gift for attending a meeting to discuss crop insurance and compensation to the farmers. Those who collected coupons include Congress leader and bank chairman Leela Maderna, MD K.K. Gupta, professional directors P.P. Singh, Narayan Singh and Brijesh Agarwal, the special secretary to cooperative minister and two district collectors.
In a bid to let farmers harvest the best of mobile technology, the Agriculture Ministry on Wednesday launched two mobile apps for farmers here. Launching the apps, Union Agriculture and Farmers Welfare Minister said the government would launch a new crop insurance scheme next month, which would aim speedy disposal of claims with very less premiums. The mobile apps — ‘Crop Insurance’ would help the farmers not only to find out complete details about insurance cover available in their area but also to calculate the insurance premium for notified crops, coverage amount and loan amount in case of a loaned farmer.
The chairman of the House budget-writing committee said Tuesday he plans to propose aiding the state’s farmers who are facing a lean year or even bankruptcy after historic rains and floods in October wiped out their crops. Funding details are still being worked out on the Palmetto Farm Aid bill that Rep. Brian White, R-Anderson, plans to file when the Legislature returns in January to address the $376 million hit the agriculture industry took.
During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of area and farmers remains small. Some policy analysts have proposed a state-subsidized (both Union and provincial) crop insurance mechanism to achieve economies of scale on the patterns of China and the US, while others have proposed alternatives like a calamity relief fund and deficiency payments to insure farm incomes.
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