India - Farmers growing chilli asked to insure crop

19.01.2018 735 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
02.09.2026

Philippines - Bayambang declares state of calamity over P31-M agricultural losses

The municipal council of Bayambang has placed the town under a state of calamity after Tropical Storms “Luis” and “Maymay” and the enhanced southwest monsoon, or habagat, caused more than P31 million in agricultural losses.

02.09.2026

USA - Lynndyl farmers assess crop losses after 100 mph winds and hail

Farmers in and around Lynndyl are beginning to assess severe losses after a powerful weekend storm ripped through fields with destructive winds and hail just as some crops were nearing harvest.

02.09.2026

USA - New Insurance for Breeding Heifers

New LRP Coverage Aims to Reduce the Risk of Retaining Heifers for Breeding.

02.09.2026

Corn's $6 Surprise Could Change the Profit Math for U.S. Farmers

Corn may already be worth more than the board suggests as farm payments and incentives add about 52¢ per bushel to producer revenue.

02.09.2026

Philippines - Iloilo turns over P10M for farm, fishery insurance

The Iloilo provincial government has turned over P10 million to the state-owned Philippine Crop Insurance Corp. (PCIC) to expand insurance protection for farmers and fisherfolk vulnerable to losses from El Niño, La Niña, typhoons, pest infestations and other calamities.

02.09.2026

India - AP sees 1,263% rise in non-loanee crop insurance

The State witnessed a remarkable 1,263% jump in non-loanee farmer registrations, with their participation rising from 2 lakh in the previous Kharif season to 25.26 lakh farmers this year.

01.09.2026

South Africa - Grain SA calls for affordable crop insurance as dry weather threatens Swartland wheat

Severe rainfall shortages threatening the Swartland wheat crop have highlighted the need for government support to make crop insurance affordable for dryland producers.

01.09.2026

USA - Florida farms face nation’s highest disaster loss rate

Natural disasters destroy billions of dollars in U.S. agricultural production each year. From drought and wildfires in the West to hail in the Midwest and hurricanes in the Southeast, farms lose an average of $5.1 billion in crops and livestock annually, according to the Federal Emergency Management Agency.