India - Andhra Pradesh government to pay for crop insurance

26.06.2020 641 views
Andhra Pradesh government has announced that YSR Crop insurance will be implemented collecting Re 1 from farmer for this year. The Andhra Pradesh Chief Minister YS Jagan Mohan Reddy cleared the insurance amount kept pending by the previous government. According to an official statement here on Friday, the state share of rs 122.61 crore for Rabi season 2018-19, kept pending by the previous government, was released along with the total claim, working out to Rs 596. 36 crore benefiting 5.94 lakh farmers. From this season onwards crop insurance will be paid by the government by collecting a nominal Re 1 from the farmer. During the video conference before interacting with farmers, the Chief Minister said that e-cropping will be in force at RBKs and the government will pay the premium immediately. The previous government did not pay the insurance premium for rabi 2018-19 and neglected the agriculture sector. Normally one month before the agriculture season, the premium amount is paid but for the rabi season 2018-19 the farmers and Centre have paid their share but the State has failed to pay the amount of Rs 122.61 crores, thus the farmers could not get their insurance premium, he said. To avoid such inconvenience the government has decided to pay the premium amount on behalf of the farmer and collect a nominal Rs 1 from them and once the e-cropping is done, the premium amount will be paid to the farmers. The State has been giving Rythu Bharosa amount, setting up of RBKs, e-cropping, crop insurance besides other facilities to the farmers like crop loans. Quality inputs, like seeds, fertilizers, pesticides are being distributed through RBKs besides providing MSP to farmers. The district collectors should be talking to bankers to ensure that the amount deposited is not adjusted to other loans taken by the farmers. Agriculture Minister K Kannababu said that the Government besides clearing the previous government dues has been helping farmers at every step from the start of the agriculture season till marketing the produce by giving MSP. Agriculture Minister K Kannababu, Agriculture Mission Vice Chairman MVS Nagai Reddy, Special Chief Secretary Poonam Malakondiah, Agriculture Department Commissioner Arun Kumar were among others present at the video conference. Source - https://telanganatoday.com
30.08.2026

Serbia's Drought Halves Crop Yields, Few Farms Insured

Drought in July and August 2026 cut yields by more than half in parts of Serbia, but only 15 percent of farmland is insured. A corn policy costs about 4,500 dinars per hectare.

30.08.2026

India - Maharashtra Approves ₹23.33 Crore Aid For 17,245 Farmers Hit By Crop Damage

The Maharashtra government has sanctioned ₹23.33 crore in relief for 17,245 farmers whose crops were damaged by floods, excessive rainfall, cyclones and hailstorms. 

30.08.2026

South Korea - Daedong launches soybean-specialized combine DSF85 to cut cracking, crop loss

Daedong has unveiled a new full-feed combine focused on reducing soybean cracking and crop loss during harvest.

30.08.2026

UK drought tightens its grip on potatoes, but scale of crop losses remains uncertain

England and Wales are experiencing an exceptional drought, with potato growers facing reduced tuber growth, irrigation restrictions and increasingly difficult harvesting conditions. The evidence supports serious concern—but not every alarming headline can yet be translated into a national crop-loss figure.

30.08.2026

India Overhauls Farm Insurance Scheme with AI and Satellite Tech

India is upgrading the Pradhan Mantri Fasal Bima Yojana (PMFBY) using AI, drones, and satellite mapping to accelerate insurance claim settlements. 

30.08.2026

Kenya turns to digital livestock IDs to improve animal health, traceability

The system will capture information including an animal’s origin, ownership, health status, vaccination history and movements.

27.08.2026

Crop Insurance Add-Ons Surge as U.S. Farmers Expand Subsidized Coverage Nationwide

U.S. farmers sharply expanded area add-on crop insurance in 2026 after federal subsidies rose to 80%, reshaping coverage and federal costs.

27.08.2026

China grain imports in focus as crop damage hits key producing regions

Extreme heat, heavy rain and flooding across key Chinese farming regions are putting global grain and cotton exporters on alert, as markets assess whether crop damage could increase China’s import needs.