Agroinsurance

NEWS

India - Farmers hit as Odisha government failed to assess crop loss on time

24.03.2016 83 views

The Odisha government’s failure to declare ‘Annewari’, scientific assessment of crop yields in affected areas, in time made the natural disasters-hit farmers’ loan repayment difficult, finds the Comptroller and Auditor General.

According to CAG report on economic sector, which was tabled in the State Assembly recently, farmers were also deprived of timely compensation for crop loss as assessment of yield data was delayed by the government.

“Due to cyclone and unseasonal heavy rain in December 2010, the State government declared details of 18,882 villages in 24 districts where kharif 2010 crops were damaged after one year in March 2012. Basing on the Annewari, short term crop (STC) loans amounting to Rs.1,000.42 crore disbursed to 6,08,274 farmers were eligible for conversion into medium term crop (MTC) loan,” the CAG report says.

However, due to non-declaration of Annewari by the District Collectors, farmers had repaid their crop loans and the proposals of conversion of STC loan into MTC loan was not acted upon as a result of which farmers were deprived of relief.

The government committed similar mistake in October 2013, when cyclonic storm Phailin and subsequent flood severely damaged crop in 18 districts. The announcement of converting STC loan to MTC could not be materialised due to non-declaration of Annewari. Farmers did not get the benefit of converting STC loan amounting to Rs.1,291 crore into MTC loan.

National Agricultural Insurance Scheme guidelines provide for financial support to the farmers in the event of failure of any notified crop due to natural calamities, pest attack and diseases. CAG finds that insurance claims amounting Rs.1,170.29 crore were settled with delay ranging from 45 to 252 days for various reasons such as delays in receipt of yield data and delays in release of funds from the State government.

Source - thehindu.com

EVENTS

2024 AgroInsurance International Conference: New Partners and Agenda updates

26.02.2024

2024 AgroInsurance International Conference will take place on June 3-5, 2024 in Belgrade, Serbia, at the Hyatt Regency Hotel. Planet Labs (USA) and GAF AG (Germany) are sponsors of our conference. Agremo (Serbia) has been confirmed as the Organization Partner. More partners and sponsors to be announced in March 2024.

RISK EVENTS

Spain - 30% of La Palma's banana production has already been lost due to the advance of the lava

14.10.2021

More than three weeks after the Cumbre Vieja volcano erupted, the lava that continues to flow from its interior continues to devastate everything in its path, destroying houses, infrastructure, and banana plantations. The production of Platanos de Canarias is the economic engine of the island, accounting for 50% of its GDP and 30% of the jobs on the island.

Ukraine - Frosts damaged part of harvest of early apples and stone fruits

As a result of the latest frosts in Ukraine, the peak of which occurred on April 19-20 of this year, orchards of apples, pears and stone fruits were partially damaged, EastFruit analysts report.

25.04.2024

Italy - Strong demand for strawberries but yields dropped by up to 50% compared to a year ago

Favorable prices and low yields are marking this recent part of the strawberry season in Southern Italy. "Here in the Basilicata region, in about 40 days, the campaign will be over for many, referring to traditional cultivars like the Sabrosa-Candonga," says Maria Ferrara of the wholesale fruit and vegetable company Fe.Vi Frutta.

25.04.2024

South Africa - Water scarcity threatens the agricultural sector and food security

South Africa is naturally a water-scarce country – among the 30 driest countries in the world. But, combined with unpredictable climate changes that tend towards hotter and drier conditions, diminishing water tables, and the chronic mismanagement of water systems, water availability is becoming a cause for concern across all sectors of the economy.

25.04.2024

India - Farmers claim crop damage on 7,800 acres in Indri, Nilokheri

In the wake of recent rain and hailstorm that lashed the region on Friday, nearly 1,500 farmers in the Indri and Nilokheri blocks of the district have registered claims on the e-Kshatipurti portal, stating extensive losses to their wheat crop on approximately 7,800 acres of land.

25.04.2024

Hunger in Southern Africa: addressing climate change effect

As a result of climate disasters, millions of people in Southern Africa face the threat of starvation. The onset of El Niño caused scorching heat waves that destroyed crops and dried up essential water sources in the region.

25.04.2024

Safeguarding crop diversity in genebanks

Ensuring food security and agricultural resilience in the face of environmental challenges depends on preserving and utilizing crop diversity, according to the Crop Trust. Genebanks serve as the ultimate guardians of this diversity. However, they are susceptible to various risks that could jeopardize their invaluable collections.

25.04.2024

USA - Northwest Ohio farms prepare to protect crops from the cold temperatures

With the expected cold weather this week, farmers are starting to monitor their crops. It isn't strawberry season yet, but farmers are starting to prepare the plants now. The freezing temperatures could impact the crops.

25.04.2024

Singapore - Researchers pioneer nanosensor multiplexing for real-time decoding of different plant stresses

Researchers from the Disruptive & Sustainable Technologies for Agricultural Precision (DiSTAP) Interdisciplinary Research Group (IRG) of Singapore-MIT Alliance for Research and Technology (SMART), MIT’s research enterprise in Singapore, in collaboration with Temasek Life Sciences Laboratory (TLL) and Massachusetts Institute of Technology (MIT), have developed a cutting-edge nanosensor that allows for the real-time monitoring of salicylic a cid (SA) during the early stages of stress response.