Global reinsurer Swiss Re is working on using technology to improve claim settlement in crop insurance scheme. “One example of the new technology we have brought into the country is in the agriculture sector. Satellite imaging is quite powerful these days,” said Amitabha Ray, Head of CM P&C, India, Swiss Re, India Branch.
A pall of gloom has descended on Arabica coffee growers in Somwarpet who are bracing up for a poor harvest caused by the untimely rains. During the previous monsoon, which witnessed heavy rains, coffee growers had suffered huge crop loss. Most of the Arabica coffee plantations had been hit by the disease.
The firms that earned a profit in several crores under the Pradhan Mantri Fasal Bima Yojana had failed to clear the claims of over Rs 48.7 crore to farmers across the country who had insured their crops. These companies, including 13 private and five public, had not cleared the estimated and approved claims amounting up to Rs 3000 crore but failed to compensate the farmers for their crop loss.
The Indian state of Jammu & Kashmir witnessed an untimely heavy snowfall on November 3, 2018 which caused huge damage to apple growers with some estimates putting the losses suffered by Kashmiri apple farmers at over 5 billion rupees (€61.5 mln). Apple growers were the hardest hit as the snowfall didn’t only damage the apple crop, but also the branches of apple trees which were laden with leaves and fruit, thus making them break under the weight of snow.
About 50 percent fruit orchards were damaged due to recent snowfall in this picturesque valley and adjoining areas in Doda district of Jammu and Kashmir, a senior government official said on Saturday. Bhadarwah, along with Kellar, Bhallesa, Dessa, Chatroo and Marmat, experienced heavy snowfall between Wednesday and Friday.
The extreme conditions in the grape growing belts of Indian districts like Niphad and Dindori have badly affected the vineyards. Many grape growers from the district have reported cracking of the fruit. As the cold affects the growth of sugar ingredients in the fruit, grape growers in the district have stopped harvesting.
The recent spell of snowfall has inflicted large-scale damage to apple orchards in north Kashmir leaving farmers in despair. November snowfall caused huge losses by damaging unplucked apple crop, and now past week’s snowfall has hammered final nail in the coffin as orchards suffered massive damage with large number of tress ripped apart.
By January 2019, months after deadly landslides, floods and heavy rain that devastated coffee-growing districts of Kodagu, Chikkamagaluru and Hassan districts, Chittiappa’s family is desperately looking to sell its 48-acre plantation and lead a peaceful life in Bengaluru. A series of double whammy of production cuts and price collapse have made their lives miserable.
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