India - J&K to implement crop insurance scheme

04.01.2017 170 views
The Jammu and Kashmir government has decided to implement the new crop insurance, PMFBY, in the ongoing rabi season, covering a dozen crops including wheat and paddy. With this, total number of states and Union territories implementing the Pradhan Mantri Fasal Bima Yojana (PMFBY), launched early 2016, has reached 27. “The State has finalised the tender. The State-level coordination committee on crop insurance (SLCCC) met last week and finalised the notification,” a senior Union Agriculture Ministry official told PTI. The notification will be issued any time soon. Paddy, maize, wheat and some oilseeds will be covered under the scheme, he said. Although the State is implementing the policy almost towards the end of the rabi sowing, farmers can still take up PMFBY as the Central government has extended the deadline for enrolment till January 10. The J&K government had sought the Centre to give permission to cover horticulture crops, especially apple, mango and saffron under PMFBY, but its proposal was denied. Kharif crops The State had last offered the crop insurance scheme NAIS (National Agricultural Insurance Scheme) for 2013 kharif (winter) crops, under which 4,545 farmers had enrolled insuring a sum of Rs 1,858 lakh, while the claims to the tune of Rs 2.34 crore was given to about 183 farmers. It had also offered Weather-based Crop Insurance Scheme (WBCIS) in 2014, under which 1,364 farmers had enrolled insuring total sum of Rs 461 lakh and Rs 30 lakh claims was given to all those who had taken the policy. These two crop insurance policies were merged to launch a new crop insurance scheme PMFBY, under which farmers pay very nominal premium and get full claim for the crop damage. PTI Source - http://www.thehindu.com
09.09.2025

USA - Taylor County farmer arrested for crop insurance fraud

A man in Taylor County, KY, has been sentenced to 12 months and 1 day in federal prison for crop insurance fraud. Between 2014 and 2021, Hunt sold crops under the names of other people and significantly underreported his true production on crop insurance claim forms, resulting in over $1.6 million in fraudulent insurance overpayments.

09.09.2025

India - The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments

Union Agriculture Minister Shivraj Singh Chouhan has announced crucial modifications to the Pradhan Mantri Fasal Bima Yojana (PMFBY), citing the Centre's experience with the previous Jagan Reddy government in Andhra Pradesh. The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments.

13.08.2025

New area-yield index insurance helps farmers tackle climate risks

Land Bank Insurance Company has expanded its pilot “index insurance” product with the introduction of Area-Yield Index Insurance (AYII), designed to help farmers manage financial losses caused by large-scale climatic and environmental risks.

13.08.2025

Lithuania declares nationwide emergency over summer rainfall damage

Lithuania’s government on Wednesday declared a nationwide emergency after weeks of heavy summer rains caused widespread crop losses, following a proposal from the National Crisis Management Centre and the Agriculture Ministry.  

13.08.2025

Australia develops world-first biodegradable foot and mouth disease vaccine

The world’s first biodegradable vaccine for foot and mouth disease (FMD) has been developed in Australia, a country that remains free from the dreaded livestock

13.08.2025

USA - Researchers make breakthrough discovery that could transform agriculture: 'This research is important'

Scientists at Iowa State University have determined that co-locating solar panels and certain plants may be beneficial for crop production.  

13.08.2025

Fiji - Agriculture ministry tackles food waste

The Ministry of Agriculture is exploring an innovative new approach to reduce food waste by converting post-harvest losses and kitchen scraps into valuable resources like livestock feed and soil enhancers.  

13.08.2025

USA - Continuing drought affecting Vermont farmers, especially livestock farms

As dry conditions continue to spread across Vermont, one industry that is feeling the heat is the farms.