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Livestock Insurance Scheme in India provided "provide protection mechanism to the farmers and cattle rearers against any eventual loss of their animals due to death and to demonstrate the benefit of the insurance of livestock to the people and popularize it with the ultimate goal of attaining qualitative improvement in livestock and their products."
Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods ("crop-yield insurance"), or the loss of revenue due to declines in the prices of agricultural commodities ("crop-revenue insurance").
The Pradhan Mantri fasal bima yojana (PMFBY) launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields. [1] It was formulated in line with One Nation–One Scheme theme by replacing earlier two schemes Agricultural insurance in India#National Agriculture Insurance Scheme and Modified National Agricultural Insurance Scheme by incorporating ...
It is a government-owned agricultural insurer under ownership of the Ministry of Finance, Government of India. AIC was designated by the Government of India as the sole “Implementing Agency” for its flagship Crop Insurance Program, “National Agricultural Insurance Scheme” (NAIS). NAIS was implemented in most of the States till Rabi 2015-16.
Agricultural finance is a branch of finance which comprises financial services for agricultural production, processing and marketing, leasing (both land and equipment), and crop and livestock insurance. Although agricultural finance mostly overlaps with rural finance, some larger agricultural companies are also located in bigger towns and cities.
Index-based insurance, also known as index-linked insurance, weather-index insurance or, simply, index insurance, is primarily used in agriculture.Because of the high cost of assessing losses, traditional insurance based on paying indemnities for actual losses incurred is usually not viable, particularly for smallholders in developing countries.
This story was updated at 3:35 p.m. The Oregon Department of Agriculture is asking veterinarians and farmers to report any symptoms of avian influenza in livestock following detection of the ...
Under National livestock mission, the subsidy is provided to the farmers for activities like poultry, small ruminants and pig rearing. In order to track the payment of subsidy directly into the bank accounts of the farmers, Ministry of Agriculture launched "Ensure portal", which is developed by the NABARD and will be managed by DAHD. The portal ...
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related to: agriculture and livestock insurance- 1705 U.S. 42, London, OH · Directions · (614) 349-3782
