Pakistan - Crop insurance scheme launched

16.05.2018 890 views
A Punjab Agriculture Department spokesman has said the Punjab government has started crop insurance scheme (Takaful) to protect income of farmers against unfavourable circumstances. In this regard, from Kharif 2018 first phase from Sheikupura, Sahiwal, Loadhran and Rahimyar Khan was launched. Under this scheme, 100pc subsidy on Insurance Premium for land owners up to 5-acre while 50pc subsidy on Insurance Premium for land owners from 5-acre to 25-acres will be given. This scheme will be applicable during its first phase on cotton and rice fields. In the second phase, Insurance (Takaful) will be applicable on more crops including sugarcane, maize, wheat, orchards and vegetables. Under this scheme, compensation will be given in case of natural calamity or low yield. The spokesman said to ensure transparency, the government has also introduced online system. Agricultural production and farm incomes in Pakistan are frequently affected by natural disasters such as droughts, floods, cyclones, storms, landslides and earthquakes. This scheme will give protection to farming community. A farmer said: “We live in an uncertain condition as we are not sure that our crops will benefit us. If we get insured, it will help us shift our loss/damage when our insurance claims are paid.” Source - https://www.thenews.com.pk
26.05.2026

“Timac Agro Ukraine” launches crop insurance against drought

Timac Agro Ukraine, in collaboration with the insurance company PZU, has launched a crop insurance program against drought for farmers in five regions of Ukraine. 

26.05.2026

Hansen announces "dialogue with the EIB on new agricultural insurance models"

Integrated European framework for climate resilience 'is on the way'.

26.05.2026

Nigeria - Oyo Steps up Enforcement Against Illegal Livestock Trading, Open Grazing

The Oyo State Government has stepped up enforcement against illegal livestock trading and open grazing, arresting offenders and impounding animals in parts of Ibadan during a fresh compliance operation.

26.05.2026

Philippines - Tacloban braces agri, health mitigation measures amid looming super El Niǹo

The City Government of Tacloban has intensified its preparations and mitigation measures as the threat of a possible Super El Niño continues to loom over several parts of the country, bringing concerns over prolonged dry spells, water shortages, and impacts on agriculture and public health.

26.05.2026

India - Punjab Govt Deploys 500 Teams for Special Girdawari as Rains Damage Wheat

In Punjab, to calculate the damage done to the standing crops in the fields due to the inclement weather for the last many days, the state government has formed teams of 500 officials from the agriculture department to assess losses.

26.05.2026

Brazil - Agricultural insurance plummets in Paraná, putting the sector at risk.

Cevio Alberto Mengarda, a soybean and corn producer in Marechal Cândido Rondon, in the western region of Paraná, followed in his father's footsteps in agriculture and today manages the family property. 

25.05.2026

Algeria - CASH Assurances to diversify into agriculture insurance

CASH Assurances will launch agriculture insurance plans in June 2026, as part of its diversification strategy.

25.05.2026

U.S. specialty crop growers push for stronger Farm Bill support

Specialty crop growers in the U.S. are calling for stronger support measures in the 2026 Farm Bill, particularly around risk management, market access, and crop insurance.