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Risk Management

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Space Insurance:Govt prepares policy framework for covering 3rd party damages due to Indian Space Objects

Space Insurance:Govt prepares policy framework for covering 3rd party damages due to Indian Space Objects

A draft “Policy framework and guidelines addressing State’s Liability towards third party damages arising due to Indian Space Objects”, is presently undergoing various consultations, which envisages, among others, the third-party liability insurance to be maintained...

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Pradhan Mantri Fasal Bima Yojana: Losses by wild animals as add on cover allowed at cost of state government

Pradhan Mantri Fasal Bima Yojana: Losses by wild animals as add on cover allowed at cost of state government

The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing  comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State...

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