by AIP Online Bureau | Jun 20, 2023 | Indian News, Non-Life, Reinsurance, Technology
The development comes less than a month after the Centre signed an agreement with six states, including Uttar Pradesh, Assam, Madhya Pradesh, Odisha and Rajasthan, to begin the digital crop survey Additional Chief Secretary (agriculture) Devesh Chaturvedi said that...
by AIP Online Bureau | Apr 22, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
”Heatwaves in the 2022 pre-monsoon season in India and Pakistan caused a decline in crop yields. This, combined with the banning of wheat exports and restrictions on rice exports in India after the start of the conflict in Ukraine, has threatened the...
by AIP Online Bureau | Jun 9, 2022 | Eco/Invest/Demography, Indian News
The monsoon – which accounts for nearly 70% of India’s annual rainfall and is the lifeblood of its $2.7 trillion agriculture-dependent economy – arrived on the coast of southern Kerala state on May 29, two days ahead of the usual time But since June...
by AIP Online Bureau | Feb 20, 2022 | Indian News, Non-Life, Reinsurance, Technology
Pradhan Mantri Fasal Bima Yojana (PMFBY) enters its 7th year of implementation Over 36 crore farmer applications have been insured under PMFBY Over Rs. 1,07,059 crores of claims have already been paid under the scheme Around 85% of the farmers enrolled with the scheme...
by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Health, Indian News, Policy
President Ram Nath Kovind The small farmers of the country have also benefited from the new changes in the crop insurance scheme. More than Rs one lakh crore have been given as compensation to about eight crore farmers since these changes were introduced President Ram...
