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Centre to create Aadhaar-like digital IDs for 11 crore farmers by FY27

by AIP Online Bureau | Sep 5, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy

“These IDs, created and maintained by the state governments/union territories, will be linked to various farmer-related data, including land records, livestock ownership, crops sown, and benefits availed,” said the government New Delhi: In a bid to empower the...

80% of Indian marginal farmers suffered crop losses due to adverse climatic events

by AIP Online Bureau | Jun 25, 2024 | Data, Eco/Invest/Demography, Non-Life, Policy, Reinsurance, Risk Management

The findings reveal that the primary causes of crop damage were drought (41 per cent), irregular rainfall including excessive or non-seasonal rains (32 per cent), and early withdrawal or late arrival of the monsoons (24 per cent).Although 83 per cent of them are...
Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt

Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

During this period, a total amount of nearly Rs 31,139 crore was paid by farmers as their share of premium against which claims of over Rs 1,55,977 crore have been paid to them. Thus, for every Rs100 of premium paid by farmers, they have received about Rs 500 as...
Telangana govt rejoins PM Fasal Bima Yojana scheme to safeguard farmers

Telangana govt rejoins PM Fasal Bima Yojana scheme to safeguard farmers

by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Policy

A Revanth Reddy,Chief Minister, Telanngana ”The state government adopted the Pradhan Mantri Fasal Bima Yojana (PMFBY) again to safeguard the farmers from the hardships in farming,” a state government release said Friday night Hyderabad: The Telangana...
Farmers’ agitation to cause Rs 500 cr economic loss daily to northern states: PHDCCI

Farmers’ agitation to cause Rs 500 cr economic loss daily to northern states: PHDCCI

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits

”A lingering agitation will cause Rs 500 crores economic loss daily and will have an impact on Q4 Gross State Domestic Product (GSDP) of northern states majorly Punjab, Haryana and Delhi,” said Sanjeev Agrawal, President, PHD Chamber of Commerce and...
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