India - 3.53L Yavatmal farmers to get insurance money

03.06.2016 378 views
In all 3.53 lakh farmers out of the total of 4.17 lakh in the drought-hit district are set to get the benefits of National Agriculture Insurance and Weather-based Insurance Schemes. A sum of Rs 191 crore, Rs 117 crore under National Agriculture Insurance Scheme against Kharif crop and Rs 74 crore under Weather-based Insurance Scheme, has been sanctioned by insurance companies and the amount is reportedly received by the district administration. The amount would be credited to the bank accounts of the farmers before the beginning of the Kharif sowing. The district agriculture superintending officer Dattatraya Gaikwad clarified that farmers are entitled to get the benefits under both the schemes. However, 64,000 farmers in the district would be deprived of the insurance benefits as they had not enrolled themselves under these policies. It is learnt that the state government has instructed the district administration to submit a report on those farmers who have failed to apply for the insurance cover. It is also learnt that the government is expected to compensate their losses. Meanwhile, farmers are requesting the bankers not to adjust the insurance amount against their crop loan dues as was done earlier. The Vasantrao Naik Sheti Swavlamban Mission (VNSSM) chairman Kishor Tiwari has made a representation to the chief minister Devendra Fadnavis to instruct the nationalized banks to expedite the loan restructuring procedure so that farmers in Vidarbha and Marathwada could avail fresh crop loan before the onset of the sowing season. According to Tiwari, only 20% of farmers could get the crop loan on or before the deadline of May 31. The banks have now extended the deadline to June 30. But Tiwari has urged the CM to instruct the bankers to ensure the release of crop loans before June 15. Source - timesofindia.indiatimes.com
04.06.2026

India - Delhi raises crop damage compensation after 10 years by over 50% to Rs 75,000 per hectare

In a major relief for farmers, the Delhi government has increased compensation for crop loss caused by rain and hailstorms from Rs 20,000 per acre to Rs 75,000 per hectare.

04.06.2026

Why Tech-Driven Agro-Insurance Has Stumbled in Ethiopia

For decades, Ethiopia’s agricultural sector has remained trapped in a dangerous paradox. 

04.06.2026

UK - Rural crime cost Wales £2.2m last year despite fall in offences

Rural crime cost Wales an estimated £2.2 million last year, with organised criminals continuing to target tractors, livestock and farming equipment despite an overall fall in offences, according to a new report.

04.06.2026

Kenyan Agro-Insurance Startup, Pula Raises US$ 20 Million in Series B Round

Pula, a Kenyan startup that offers insurance to small-scale farmers, aims to serve more than 100 million farmers in Africa after raising US$ 20 million in its Series B round. 

04.06.2026

USA - USDA announces $52M to boost public access to private lands for hunting, fishing

The U.S. Department of Agriculture is announcing $52 million to help state and tribal governments encourage private landowners to allow public access to their land for hunting, fishing and other wildlife-dependent recreation through the Voluntary Public Access and Habitat Incentive Program (VPA-HIP). 

04.06.2026

Hope Grows in Malawi’s Grain Stores as Farmers Battle Post-Harvest Losses

Some grain rots in poorly ventilated storage. Some is eaten by pests. Some is damaged during drying or transportation before it ever reaches the market.

03.06.2026

Canada - AFSC extends several northern Alberta seeding dates for 2026

Alberta’s Agriculture Financial Services Corp. (AFSC) is extending the recommended seeding dates in the province’s northeast, northwest and Peace regions for several crops for the 2026 growing season only.

03.06.2026

India - Elephants run amok in Konaje agricultural farm, cause massive crop damage

A herd of elephants, including calves, wreaked havoc on an agricultural farm belonging to Yashodhara Gowda at Pallattadka in Konaje village of Kadaba taluk.