India - Government to give 75% on the death of your animal

22.06.2020 626 views
In the times of rising inflation, animal husbandry has also become a challenge but the government is fully supporting the farmers to increase their income through animal husbandry. Now the good news is animals will also have life insurance & the insurance company will give compensation to the insured animals on any kind of animal loss. The special thing is that an animal will be insured for three years, the government will give 75% of the premium amount as a grant to the insurance company. The cattle owner will get the benefit of insurance by depositing only 25% contribution in the premium of the insured animal. However, till now, if cattle cows, buffaloes, bulls or other small animals died of divine calamity or disease, there was no other way than to press them with satisfaction. Even though the animals killed by the divine disaster would get compensation of Rs 3000-5000, but there was no benefit in stealing or dying sick. Since, in times of inflation, cow gets 40 thousand and buffalo fifty thousand. For this reason, the government has kept the same amount of insurance. Now in case of any loss in getting the above insurance, the claim will be given to the animal husbandry. Source - https://krishijagran.com
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. 

16.06.2026

Spain - The Government releases 510.7 million from the Contingency Fund for agricultural insurance and social purposes

The Council of Ministers has given the green light to the use of the Contingency Fund to support several credit modifications for a total amount of 510,706,252.23 euros, with the aim of meeting commitments in agricultural insurance and financing activities of general interest qualified as of social interest.

16.06.2026

Nepal - Poultry sector losses Rs. 500M due to bird flu

Farmers have suffered direct financial losses of more than Rs. 500 million in the past month due to a bird flu outbreak that has spread to three districts of Koshi Province—Jhapa, Morang, and Sunsari.

16.06.2026

USA - USDA declares emergency Disaster Declaration for Maryland farmers impacted by crop freeze

The United States Department of Agriculture is stepping in to assist Maryland farmers severely impacted by unexpected frosting in April.

16.06.2026

Cyprus - Foot-and-mouth disease cases rise to 121 livestock units after new Mammari detection

A total of 121 livestock units have been affected by foot-and-mouth disease following the confirmation of a new case announced on Wednesday. 

15.06.2026

India - Satellite Surveys to Bridge Gap Between Farmers’ Losses & Crop Insurance Compensation: Shivraj Singh Chouhan

Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan has stated that in order to bridge the gap between the losses faced by farmers and the compensation they receive through crop insurance, these losses will now be surveyed using satellites. 

15.06.2026

Philippines - DA eyes regional fisheries hub in Northern Samar

The Department of Agriculture (DA) plans to establish a regional fisheries hub in Mapanas, Northern Samar, positioning the area as a potential growth center for Eastern Visayas’ tuna industry.