The India Coffee Board, a statutory body of the Union Commerce Ministry, Saturday announced a comprehensive weather insurance scheme for growers at affordable premium against crop loss due to the vagaries of monsoons.
The rainfall-linked insurance scheme, to be offered by the state-owned Agriculture Insurance Company (AIC), has been devised to protect coffee growers from deviations in weather (rainfall) resulting in lower yield within a specific area and period. It provides payout against deficit rainfall in blossom showers, backing showers and excess rainfall during the monsoons.
In the case of monsoon showers, the payout will take place if the daily rainfall is more than 25mm consecutively for seven days during the period.
Read Story: IndianMuslims.info
Posted by beanybabe at 8:02 AM PDT
