India - Mah Govt releases Rs 2,000 cr as 1st instalment of new Crop Insurance Scheme
19.04.2016 461 views
The Maharashtra Cabinet today sanctioned Rs 2,000 crore as first instalment of premium of new Crop Insurance Scheme for the benefit of farmers in the state.
Making an announcement to this effect in Mantralaya here, Agriculture and Revenue Minister Eknath Khadse said the new Crop Insurance Scheme gives protection to all crops and pointed out that there is no restriction on acreage. He said earlier the crop insurance was only applicable to the farmers who took loans but now any farmer wishing to get cover will be offered.
The Union Government has empaneled 10 insurers for this purpose and the state government will select companies through tender process, he said.
Mr Khadse also announced that in last two years, more and more farmers were coming forward to get insurance cover.
This year the government is hoping that 70 per cent farmers will benefit out of 190 lakh hectares of land, he added.
Source - news.webindia123.com
EVENTS
ScaleAgData Stakeholder Engagement Event
22.10.2024The ScaleAgData project is pleased to invite you to our second stakeholder event. Building on the discussions and connections formed during our first webinar, this event will focus on fostering collaboration among stakeholders, providing updates on our project’s progress, and outlining future opportunities for engagement.
RISK EVENTS
Moldova - May frosts caused heavy damage to fruit orchards
10.05.2026The first frosty nights of May have significantly worsened estimates of damage to Moldova's fruit sector from spring frosts. According to initial assessments by fruit market operators, between a quarter and a third of the country's total orchard area was seriously affected.
04.06.2026
India - Delhi raises crop damage compensation after 10 years by over 50% to Rs 75,000 per hectare
In a major relief for farmers, the Delhi government has increased compensation for crop loss caused by rain and hailstorms from Rs 20,000 per acre to Rs 75,000 per hectare.
04.06.2026
Why Tech-Driven Agro-Insurance Has Stumbled in Ethiopia
For decades, Ethiopia’s agricultural sector has remained trapped in a dangerous paradox.
04.06.2026
UK - Rural crime cost Wales £2.2m last year despite fall in offences
Rural crime cost Wales an estimated £2.2 million last year, with organised criminals continuing to target tractors, livestock and farming equipment despite an overall fall in offences, according to a new report.
04.06.2026
Kenyan Agro-Insurance Startup, Pula Raises US$ 20 Million in Series B Round
Pula, a Kenyan startup that offers insurance to small-scale farmers, aims to serve more than 100 million farmers in Africa after raising US$ 20 million in its Series B round.
04.06.2026
USA - USDA announces $52M to boost public access to private lands for hunting, fishing
The U.S. Department of Agriculture is announcing $52 million to help state and tribal governments encourage private landowners to allow public access to their land for hunting, fishing and other wildlife-dependent recreation through the Voluntary Public Access and Habitat Incentive Program (VPA-HIP).
04.06.2026
Hope Grows in Malawi’s Grain Stores as Farmers Battle Post-Harvest Losses
Some grain rots in poorly ventilated storage. Some is eaten by pests. Some is damaged during drying or transportation before it ever reaches the market.
03.06.2026
Canada - AFSC extends several northern Alberta seeding dates for 2026
Alberta’s Agriculture Financial Services Corp. (AFSC) is extending the recommended seeding dates in the province’s northeast, northwest and Peace regions for several crops for the 2026 growing season only.
03.06.2026
India - Elephants run amok in Konaje agricultural farm, cause massive crop damage
A herd of elephants, including calves, wreaked havoc on an agricultural farm belonging to Yashodhara Gowda at Pallattadka in Konaje village of Kadaba taluk.
