India - Over Rs 50,000 farmers from Gujarat buy crop insurance online

06.06.2016 468 views
Having faced the worst of droughts, farmers in Gujarat have started taking crop insurance seriously with more than 50,000 of them registering for the new crop insurance cover given by Pradhan Mantri Fasal Bima Yojana (PMFBY) via the state portal.
Under the PMFBY launched this year, farmers' premium has been kept at lower ranges, between 1.5%-2% for foodgrains and oilseed crops and up to 5% for horticultural and cotton crops. There is no cap on the premium.
"More than 50,000 farmers have so far enrolled for PMFBY for the 2016-17 kharif season in Gujarat via the state portal on crop insurance," said a senior agriculture ministry official.
Gujarat is the only state at present which is enrolling farmers under the scheme strictly through its e-portal. In other states, including Uttar Pradesh, farmers are being registered by concerned agencies including banks, Primary Agricultural Credit Society (PACS), he said. "So, the exact number of farmers registered for the scheme, both online and through other ways, would be known later. Once the banks upload the details of insured farmers on the central crop insurance scheme portal, it will be known to all stakeholders," he added. Karnataka government has also prepared its state portal for PMFBY, and it will be launched soon. As of now, 11 states -- Andhra Pradesh, Telangana, Madhya Pradesh, Uttar Pradesh, Odisha, Chhattisgarh, Gujarat, Himachal Pradesh, Jharkhand, Uttarakhand and West Bengal -- and one Union Territory, Andaman and Nicobar Islands, have notified the PMFBY. Source - http://timesofindia.indiatimes.com/
03.05.2026

Vietnam - Aid for agricultural insurance premiums proposed to rise

The Ministry of Finance has proposed increasing support for agricultural insurance premiums and expanding eligible beneficiaries in a move aimed at encouraging greater participation by farmers and agricultural organisations.

03.05.2026

USA - MDARD Awards Over $3.2 Million Through Resilient Food Systems Infrastructure Grant Program

The Michigan Department of Agriculture and Rural Development (MDARD) today announced more than $3.2 million of grants to 10 Michigan entities through the U.S. Department of Agriculture’s (USDA) Resilient Food Systems Infrastructure (RFSI) Grant Program. 

03.05.2026

India - 100 acres of maize and jowar crops reduced to ashes in fire

Farmers, who had worked for months, were just days away from bringing their harvest home. Unfortunately, an accidental fire turned their hopes into ashes, destroying nearly 100 acres of maize crops. 

03.05.2026

Philippines - Abra farmers, fisherfolk benefit from more than P14M crop insurance

Lagayan farmer Roberto Layao is thankful for the crop insurance money he received from the Philippine Crop Insurance Corporation (PCIC).

03.05.2026

India - Fresh hailstorm hits South Kashmir apple belt, farmers seek crop insurance

A hailstorm struck apple-growing villages in Shopian and Kulgam districts, adding to worries of growers already facing erratic weather this season.

03.05.2026

Canada - Organic and seed growers gain access to MASC’s contract price option

Contract price option now offered on organic, pedigreed seed and forage seed acres — and producers have until June 30 to sign on for higher dollar coverage.

29.04.2026

USA - Congress considers farm bill as farmers are pinched by rising costs

A sweeping law that governs crop insurance, conservation programs, and nutrition assistance is up at one of the toughest moments for farmers in recent memory.

29.04.2026

India - Nor’westers wreak havoc across north Bengal, normal life disrupted

Nor’westers wreaked havoc in different districts of north Bengal late on Tuesday night. Trees were uprooted, the electric supply was affected, along with standing crops. Many areas also witnessed waterlogging.