India - Farmers growing chilli asked to insure crop

19.01.2018 571 views
The district administration has asked farmers who had raised chilli crops in villages notified by the Agriculture Insurance Company of India Limited (AICL) to insure their crops by paying a premium of Rs. 1,000 by February 28. Though about 25,000 farmers have raised chilli crops in 22,000 hectares in the district during this rabi season (November, 2017 – March, 2018), the insurance cover under the Pradhan Mantri Fasal Bhima Yojana (PMFBY) was open to only about 9,000 farmers, who have cultivated the crops in about 70 villages, notified by the AICL, officials said. While insurance for paddy crops under the PMFBY was open to all farmers, insurance in respect of other crops has been made open to farmers only in villages, notified by the AICL, they said. As per the notification, farmers who have raised chilli crops in villages in Bogalur, Kadaladi, Mudukulathur, Nainarkoil, Paramakudi, RS Mangalam, Ramanathapuram and Thirupullani blocks were eligible for the insurance cover, they added. Collector S. Natarajan said farmers in the notified villages could insure their crops by paying the prescribed premium by February 28. In the event of suffering 100% loss, they would be given a compensation of Rs. 20,000 per acre, he said. Meanwhile, in a bid to promote home and roof top gardening, the Collector announced distribution of hybrid vegetable seed kits to the public. People could get the kits, comprising seeds of five hybrid vegetables, worth Rs. 20 per kit at a subsidised rate of Rs. 8 per kit. A total of 16,500 kits were available for distribution to people in the district, he said adding a sum of Rs. 1.98 lakh has been allotted to bear the subsidy. A person could get maximum of six kits, he added. Source - http://www.thehindu.com
18.05.2026

USA - USDA Rolls Out Livestock Insurance Program Enhancements as Producer Premiums Top $1.7 Billion

The USDA’s Risk Management Agency (RMA) on Monday is announcing a sweeping package of updates to its three flagship livestock insurance products — Livestock Risk Protection (LRP), Livestock Gross Margin (LGM) and Dairy Revenue Protection (DRP) — beginning with the 2027 crop year. 

18.05.2026

Puerto Rico - Department of Agriculture recommends farmers seek insurance protection against hurricanes

More than 4,000 farmers applied for agricultural insurance ahead of hurricane season in Puerto Rico.

18.05.2026

Bangladesh - Sunamganj farmers face cattle feed crisis after haor crop loss

Farmers and cattle rearers in Sunamganj’s haor region are facing growing uncertainty over livestock feed following heavy rainfall that damaged paddy crops and disrupted straw collection, the main source of cattle fodder.

18.05.2026

From farm risk to value chain resilience: Food system benefits of agricultural insurance

The global landscape of agricultural risk has been changing dramatically. More frequent and intense climate and economic shocks have become the norm.

18.05.2026

Sri Lanka - Govt. to provide compensation for weather-damaged crops through Agrarian Insurance Board

Compensation for crop damage caused by the recent adverse weather conditions will be provided through the Agricultural and Agrarian Insurance Board, the Deputy Minister of Agriculture and Livestock, Namal Karunaratne has stated.

18.05.2026

Nepal - Rain inflicts crop damage worth Rs 460 million in Kavrepalanchowk

Recent heavy rainfall caused agricultural losses worth hundreds of millions of rupees in two local levels of Kavrepalanchowk district, according to official estimates.

14.05.2026

ASF outbreak deepens uncertainty for Bhutan’s pig farmers

The ministry urged farmers to immediately strengthen farm biosecurity by restricting visitors, preventing contact between domestic and wild pigs, and ensuring that any kitchen waste fed to pigs is boiled and cooked for at least 30 minutes.

14.05.2026

More focus on early detection of Nesidiocoris

In Northern Europe, the predatory bug Nesidiocoris tenuis, commonly referred to as Nesi, presents a growing challenge for tomato growers.