tag:blogger.com,1999:blog-3778570096826367144.post6386073818985762622..comments2024-03-29T11:12:25.046+05:30Comments on Ground Reality: Unseasonal rains: Let's insure each acre of farmers crop Devinder Sharmahttp://www.blogger.com/profile/05867902048509662981noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3778570096826367144.post-16771854381147933862015-03-31T10:44:00.851+05:302015-03-31T10:44:00.851+05:30To answer the above question,
There are various re...To answer the above question,<br />There are various reasons why NAIS and other weather based insurance schemes need to be re-worked:<br />1. The biggest issue perhaps is linking credit to insurance schemes. Only farmers who have taken a loan from formal sources are eligible and are compulsorily covered under weather base insurance.<br />That itself excludes 73% of our farmers who have no access to formal sources of credit.<br />2. Despite private players like ICICI & HDFC who have ventured into this field, as per procedure, have to tie up with the State govts. to provide this service. This makes it a complex and lengthy procedure that links loanees with this insurance scheme, is responsible for exclusion of farmers. E.g. A farmer who has applied for a loan in May, and owing to the time-taking procedure, could not get the loan approved before June, gets automatically excluded from the insurance scheme meant for the period of June to September.<br />3. Even for those of whom, weather insurance is available, the coverage as decided by the authorities is such that it is based on the distance from the weather station. A report by Ministry of Agriculture indicates that 77% of the farmers covered under a weather insurance scheme, were dissatisfied with the location of the weather station.<br />4. Finaly,It does not cover for unexpected weather disruptions like hailstorms. E.g. Farmers who suffered due to the recent hailstorm that hit parts of the country, destroying a sizeable proportion of the Rabi crop, have not benefitted from this particular scheme, despite being covered under it.Anonymoushttps://www.blogger.com/profile/06712381581656939825noreply@blogger.comtag:blogger.com,1999:blog-3778570096826367144.post-61980325948612633332015-03-12T13:09:16.663+05:302015-03-12T13:09:16.663+05:30nice article,but i have one question in mind that ...nice article,but i have one question in mind that government has tried to provide farmers insurance on individual basis under National Agriculture Insurance Scheme(NAIS) but still it is not helping why??vijayhttps://www.blogger.com/profile/10321136170959040096noreply@blogger.com