Mint Primer: A tech solution to crop insurance woes?
6 days, 18 hours ago

Mint Primer: A tech solution to crop insurance woes?

Live Mint  

The government has cleared a revamped crop insurance scheme and additional funds to deploy new technology like remote sensing and automatic weather stations. The Yield Estimation System Using Technology, or YES-TECH, will deploy satellite-based remote sensing to assess crop yields and damage. Weather shocks like hailstorms and excess rainfall are often localized events, and a dense network of weather stations can quickly assess the extent of losses to farmers. Between 2019 and 2023, India suffered economic damages totalling $56 billion due to weather-related disasters, as per an assessment by the Asian Development Bank last year.

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History of this topic

Over 6L farmers report 33% crop loss in Odisha; CM announces ₹291.59cr aid
5 days, 11 hours ago

Over 6L farmers report 33% crop loss in Odisha; CM announces ₹291.59cr aid

Hindustan Times  

Bhubaneswar: The Odisha government has announced a compensation package of ₹291.59 crore from the state disaster response fund to support farmers whose crops were damaged by unseasonal rain during the kharif harvesting period between December 20 and 28. The CM said that the funds, sourced from the SDRF, would be disbursed starting today Chief minister Mohan Majhi said that 6.66 …

Government extends two crop insurance schemes till 2025-26; creates ₹824.77 crore fund for tech infusion
1 week, 1 day ago

Government extends two crop insurance schemes till 2025-26; creates ₹824.77 crore fund for tech infusion

The Hindu  

The Centre on Wednesday extended two crop insurance schemes — PMFBY and RWBCIS — for one more year till 2025-26 and also created a separate ₹824.77 crore fund for technology infusion in the implementation of flagship schemes. Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme have been extended to align it with the 15th Finance Commission …

Centre raises crop insurance allocation, fertiliser subsidy to support farmers
1 week, 1 day ago

Centre raises crop insurance allocation, fertiliser subsidy to support farmers

India Today  

Prime Minister Narendra Modi said on Wednesday that the government's first decision in the New Year is dedicated to farmers, as the Union Cabinet headed by him enhanced allocation to crop insurance scheme and raised subsidy to a key fertiliser. The Cabinet's decision on extending the one-time special package on Di-Ammonium Phosphate will help farmers by ensuring the fertiliser at …

Centre raises crop insurance allocation, fertiliser subsidy to support farmers
1 week, 1 day ago

Centre raises crop insurance allocation, fertiliser subsidy to support farmers

India Today  

Prime Minister Narendra Modi said on Wednesday that the government's first decision in the New Year is dedicated to farmers, as the Union Cabinet headed by him enhanced allocation to crop insurance scheme and raised subsidy to a key fertiliser. The Cabinet's decision on extending the one-time special package on Di-Ammonium Phosphate will help farmers by ensuring the fertiliser at …

Registration for insurance claim for crop damage extended by 2 days: Odisha CM
Trending News
1 week, 3 days ago

Registration for insurance claim for crop damage extended by 2 days: Odisha CM

Hindustan Times  

Former Odisha chief minister and Biju Janata Dal chief Naveen Patnaik on Monday demanded that farmers whose crops have been damaged by unseasonal rains be compensated quickly even as chief minister Mohan Majhi announced that the registration process for insurance compensation claims by farmers has been extended for two more days. Patnaik’s visit came amid chief minister Mohan Charan Majhi …

Special team issues advisory to farmers in Karaikal on managing paddy affected by waterlogging
2 weeks, 6 days ago

Special team issues advisory to farmers in Karaikal on managing paddy affected by waterlogging

The Hindu  

A team of scientists from Krishi Vigyan Kendra, Pandit Jawaharlal Nehru College of Agriculture and Research Institute, and agricultural extension officers has advised farmers in Karaikal to adopt integrated pest management strategies to protect standing paddy crops inundated during the recent heavy rain. Earlier, the Department of Agriculture reported to the Puducherry government that there was a possibility of significant …

Economic Survey 2023-24: Crop insurance to see growth from 2024 onwards, government tech push to boost sector
5 months, 2 weeks ago

Economic Survey 2023-24: Crop insurance to see growth from 2024 onwards, government tech push to boost sector

The Hindu  

The agriculture insurance sector is likely to register growth from 2024 onwards, with an average real premium growth of 2.5% over the medium term, according to the Economic Survey 2023-24. "Agriculture premiums will likely rise from 2024 onwards, with an average real premium growth of 2.5% cent over the medium term, supported by improvements in insurance infrastructure such as mobile …

Govt begins work on staving off climate crisis farm impact
8 months, 1 week ago

Govt begins work on staving off climate crisis farm impact

Hindustan Times  

The government has constituted two scientific panels to assemble an advanced countrywide agricultural weather information system and introduce tech-enabled assessment of crop yields to ward off the impacts of extreme weather linked to climate change, officials said. The committees anchored in the Mahalanobis National Crop Forecast Centre in New Delhi comprises multidisciplinary experts and representation from states to step up …

Small farmers hit by extreme weather could get assistance from proposed insurance program
11 months, 1 week ago

Small farmers hit by extreme weather could get assistance from proposed insurance program

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The bill aims to create an insurance program for …

Govt hikes acreage for compensation due to hailstorm, orders survey
1 year, 1 month ago

Govt hikes acreage for compensation due to hailstorm, orders survey

Hindustan Times  

Mumbai: Farmers in Maharashtra whose crops were damaged due to the recent hailstorm will be compensated for crop loss on 3 hectares of land instead of the current 2 hectares. The decisions were taken during a cabinet meeting on Wednesday, during which the agriculture department submitted a primary report showing the hailstorm damaged 1,30,272 hectares of crops in 18 districts. …

Telangana Farmers Left Without Crop Insurance as Unusual Rains Cause Massive Damage
1 year, 6 months ago

Telangana Farmers Left Without Crop Insurance as Unusual Rains Cause Massive Damage

The Hindu  

Published : Jun 15, 2023 11:00 IST - 10 MINS READ In the past few years, Telangana has seen successive seasons of unusual rainfall, resulting in significant crop damage. The Telangana government opted out of the Central government’s Pradhan Mantri Fasal Bima Yojana, and the Restructured Weather Based Crop Insurance Scheme in kharif 2020, claiming that these were not beneficial …

BJP demands crop insurance scheme for farmers
1 year, 8 months ago

BJP demands crop insurance scheme for farmers

Deccan Chronicle  

HYDERABAD: Telangana BJP on Wednesday demanded that the state government immediately introduce a comprehensive crop insurance scheme to save farmers from repeated disasters of crop losses due to adverse weather events. Bharatiya Janata Party state president Bandi Sanjay Kumar said in the past three years farmers lost crops in around 37 lakh acres in the state, and with an average …

Amid climate risks, govt may rejig flagship farm insurance scheme
1 year, 8 months ago

Amid climate risks, govt may rejig flagship farm insurance scheme

Hindustan Times  

The Union government is likely to remodel the Pradhan Mantri Fasal Bima Yojana, the flagship state-run crop insurance scheme, to make it more efficient by providing more coverage for less expenditure, and easing its fiscal burden on states, an official said. The PMFBY is a subsidized crop insurance scheme, where farmers pay between 1.5% and 2% of the premiums depending …

Bihar to compensate farmers for crop damage in recent rain, hailstorm
1 year, 9 months ago

Bihar to compensate farmers for crop damage in recent rain, hailstorm

Hindustan Times  

The Bihar government has decided to provide compensation to farmers in six districts affected by unseasonal rains against crop losses following a report submitted by the respective district magistrates, officials said, adding that a sum of ₹92 crore would be provided to the state agriculture department by the diaster management department for paying compensation to farmers as per norms. Officials …

TS farmers face double whammy: Heavy rainfall and no crop insurance
1 year, 9 months ago

TS farmers face double whammy: Heavy rainfall and no crop insurance

Deccan Chronicle  

HYDERABAD: Crops on five lakh acres were damaged in 25 districts due to unseasonal rains that lashed the state in the last three days, but farmers have no recourse because the state government has stopped implementing the Prime Minister Fasal Bima Yojana scheme in the last three years, beginning with kharif 2020. The state government, after scrapping the PMFBY, promised …

When climate-related weather events damage crops, what options do farmers have?
2 years, 4 months ago

When climate-related weather events damage crops, what options do farmers have?

Salon  

In recent years, an increase in extreme weather events is making it a uniquely challenging time to be a farmer. "In the corn belt, farmers really have all of their equipment set up for one or two crops," she says. Schechinger points out that crop insurance could encourage farmers to keep planting crops in areas where they're increasingly unsuitable, by …

Minister concedes system to assess crop damage faulty
2 years, 11 months ago

Minister concedes system to assess crop damage faulty

Deccan Chronicle  

WARANGAL: There is no proper system in the country that assesses damage caused to crops due to natural calamities, observed agriculture minister Singireddy Niranjan Reddy on Tuesday, saying that is the reason why farmers are unable to get timely help. His comments came after he and panchayatraj minister Errabelli Dayakar Rao inspected damage caused to crops following recent heavy rains …

Maharashtra: Over 7 lakh farmers call insurance firms to inform about crop damages due to excessive rain
3 years, 3 months ago

Maharashtra: Over 7 lakh farmers call insurance firms to inform about crop damages due to excessive rain

India TV News  

More than seven lakh farmers in Maharashtra have called up insurance companies during the current monsoon season to inform about crop damage due to excessive rainfall, officials said. Besides crop damage, the farmers also informed about washing away of their farm soil, damages caused to cattle sheds and other issues, he said. The number of such calls from farmers jumped …

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