India - Farmers growing chilli asked to insure crop

19.01.2018 626 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
18.06.2026

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.