India - Andhra Pradesh government to pay for crop insurance

26.06.2020 535 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
18.06.2026

Sri Lanka expands crop insurance to protect farmers from climate risks

Sri Lanka's Agricultural and Agrarian Insurance Board has expanded crop insurance programs to give farmers stronger protection against natural disasters and climate-related risks, the Ministry of Agriculture, Livestock, Land and Irrigation said in a statement on Thursday.

18.06.2026

India - Bengal to finally join Fasal Bima, Bihar may follow suit

Amid forecasts of a below-normal monsoon, West Bengal will rejoin the Pradhan Mantri Fasal Bima Yojana (PMFBY) this kharif season, followed by Bihar in the upcoming rabi season, significantly expanding India's agrarian safety net.

18.06.2026

Heavy rain causes NT$67 million in agricultural losses across Taiwan

Continuous heavy rainfall since June 8 has caused agricultural losses totaling NT$67.56 million (US$2.14 million), with peanuts accounting for the largest share of the damage, according to the Ministry of Agriculture.

18.06.2026

A modern quarantine zone for livestock will be built in Kyrgyzstan

On June 18, 2026, a meeting took place at the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic between First Deputy Minister Ilich Marsbek uulu and a delegation from the Saudi Development Fund. 

18.06.2026

Raccoons ravage watermelon fields in Japan's Chiba Pref. as damage mounts

A surge in raccoon numbers in Chiba Prefecture in eastern Japan has left watermelon farmers struggling as the nocturnal animals devour fruit just before harvest. 

18.06.2026

USA - Florida Tries to Block Rescue Pets from New Mexico and Texas as Screwworm Spreads

The Florida Department of Agriculture and Consumer Services Pets has barred pets rescued from shelters in Texas and New Mexico in a beefed-up effort to stop the spread of the New World Screwworm pest that infests livestock.

16.06.2026

India - Harish Rao accuses Congress govt of plotting to scrap crop bonus

BRS deputy floor leader T Harish Rao accused the Congress government of conspiring to phase out the crop bonus scheme by limiting it to just seven paddy varieties, despite promising Rs 500 bonus for all varieties in its manifesto.

16.06.2026

CBE and EIC Forge Historic Partnership to Advance Ethiopia’s Financial Sector

​The Commercial Bank of Ethiopia (CBE) and the Ethiopian Insurance Corporation (EIC) have signed a historic partnership agreement to elevate their long-standing cooperation.