India - Andhra Pradesh government to pay for crop insurance

26.06.2020 754 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
10.11.2026

Pakistan Expands Digital Agricultural Lending and Insurance Support for Small Farmers

The State Bank-led initiative combines collateral-free loans, digitised land records, warehouse financing, crop insurance and risk-sharing measures to widen formal credit access for underserved farmers across the country.

10.11.2026

India - Twin storms wipe out 4.61 lakh hectares of Andhra crops

Recent cyclones ‘Arnab’ and ‘Murasu’ damaged agricultural crops across 4,61,194 hectares in Andhra Pradesh, officials confirmed on Tuesday.

10.11.2026

Australia - Farm fire at Notts Well destroys harvester, causes $65,000 damage

A Mid Murray farmer faces a fight to bring in his best crop in years as harvest season gets underway.

10.11.2026

China trials harvesting robots for greenhouse asparagus

Greenhouse asparagus cultivation in Lianshui County, Jiangsu Province, China, covers more than 1,333 hectares, with annual harvests of 50,000 tons valued at over 1 billion yuan (US$150 million). The county accounts for approximately 30 per cent of China's greenhouse-grown asparagus output.

10.11.2026

U.S. blueberry growers face higher labor and replanting costs

Blueberry growers in West Michigan are preparing for higher labor costs in 2027 as the minimum wage is set to increase to US$15 per hour.

10.11.2026

India - Government Provides Subsidy on Agricultural and Livestock Insurance Premiums

To minimize economic losses from natural disasters, diseases, and other risks in agriculture and livestock business, the government has been implementing a system of providing subsidies on insurance premiums. For this, the government itself is providing up to 80 percent subsidy on insurance premiums.

09.11.2026

USA - Modernizing crop insurance to strengthen agricultural resilience

American agriculture stands at a turning point. Increasingly severe weather and water risks are driving billions in losses — more than $20 billion in 2024 alone — increasing farmers’ financial exposure and an urgent need for more adaptive insurance solutions. 

09.11.2026

Afghanistan - Greenhouse expansion raises concerns over soil, environmental damage

While greenhouses help boost agricultural production and meet market demand, experts warn that the excessive or unbalanced use of chemical fertilisers, water shortages and improper disposal of agricultural plastics can damage soil fertility and the environment.