Karnataka Agricultural Policy - Institute for Social and Economic ...
Karnataka Agricultural Policy - Institute for Social and Economic ...
Karnataka Agricultural Policy - Institute for Social and Economic ...
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<strong>Karnataka</strong> Agicultural <strong>Policy</strong> 2006<br />
Agriculture Insurance Scheme (NAIS). A special team of experts will review these recommendations<br />
to make them farmer friendly.<br />
The State government will consider extending the Crop Cutting Experiments (CCE) upto hobli<br />
level to increase the sample size so that reliability of CCE data will be enhanced.<br />
One of the essential insurance requirements is to cover of risk of prevented sowing due to early<br />
failure. This is difficult <strong>for</strong> implementation because of the experience. The area data is<br />
available only after lapse of one year; besides providing data on area sown, it is essential to link<br />
it with indemnity. No insurer appreciates this from the point of principle of insurance where<br />
risk is to be covered prior to the indication of occurrence of loss. This situation will be<br />
considered <strong>and</strong> a solution will be worked out.<br />
Ensuring a Safety Net<br />
Problems of National Crop Insurance<br />
Coverage of localized risks <strong>for</strong> damage<br />
Scheme<br />
caused by wild animals needs to be<br />
• Uni<strong>for</strong>m cut off sowing date<br />
• Sowing risk uncovered<br />
studied <strong>and</strong> introduced in selected<br />
• Late indemnity payment<br />
places <strong>and</strong> SLI shall notify such areas<br />
• Perennial –Horticultural Crops<br />
Comparative advantages of Different<br />
at the commencement of season itself.<br />
Schemes<br />
Review of the scheme at State level<br />
Coverage of Perennial <strong>and</strong> Horticulture<br />
crops <strong>for</strong> fruits <strong>and</strong> vegetables need to<br />
be covered <strong>and</strong> the process of apportionment of consultants to design <strong>and</strong> launch insurance<br />
schemes <strong>for</strong> the said crops will be undertaken.<br />
The present actuarial method is based on the theory of normal distribution <strong>and</strong> this is not the<br />
appropriate method as productivity curve does follow normal distribution, <strong>and</strong> the productivity<br />
trend is different in view of adoption of technology <strong>and</strong> improved varieties in agriculture. It is<br />
very important to develop sound <strong>and</strong> appropriate <strong>and</strong> acceptable actuarial method to move to<br />
actuarial regime <strong>and</strong> the same should be tried <strong>for</strong> 1 or 2 major crops be<strong>for</strong>e adopting to all<br />
crops all over the state. Due to unpredictable changes in the weather, global warming, the<br />
liability of insurer is increasing in every field of insurance. There<strong>for</strong>e, instant shifting to<br />
actuarial regime <strong>and</strong> subsidizing of premium alone may not be acceptable from the farmers<br />
point of view, <strong>and</strong> also the insurer will not be equipped with required funds. There<strong>for</strong>e, shifting<br />
may be considered in a phased manner.<br />
Among other methods of insurance, the weather insurance, Varsha Beema <strong>and</strong> IFFCO Tokyo<br />
insurance need to be comparatively evaluated to maximise the risk cover <strong>for</strong> the farmer <strong>and</strong><br />
ease of operations.<br />
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