In a major development , authorities in Jammu and Kashmir have made a laudable move by providing a huge relief for the farmers by tendering a process to set-up crop insurance under the Re-structured Weather-Based Crop Insurance Scheme (RWBCIS).
With this process, the government will safeguard the backbone and the vital horticultural sector of Jammu and Kashmir at a time when inclement weather conditions pose a threat and a risk to the growers livelihood.
For years and more, the horticultural sector in Kashmir region has been much more than a postcard, it has always worked as a one of the major sources and has been serving livelihoods for thousands of families.
The major crops of the region are not simply crops, they are hard work earned livelihood that helps the citizens here in making their capital investments
A brief hailstorm, a late spring frost, or rain on any given day, can completely destroy a season’s worth of fruit , and put farmers in debt and despair again and again.
With the process of RWBCIS, the authorities in Jammu and Kashmir is mulling to execute more safety and improved management to ensure that the vital sector is getting more and more benefits
The crop insurance pertaining to weather offers a different framework to recover efficiencies and objective measures of agricultural loss of all the potential ways.
But it is perhaps in contrast to the relatively established enhancements of crop insurance to work through splitting the evaluations of loss from the insurers to look at each farm deal separately from one another.
The claim process is relatively quick and easy; which makes it essentially insuring the environmental support, ideally comes to the farmer at the most relevant time- at point of need again versus some lengthy process for the assessments would settle the loss.
In providing weather coverage the government is protecting tonight not only for production of crops, but also as a public good as a public institution.
It is also at least also a public good, partly invested into future sustainability productivity of the horticulture. It’s a strong signal, a very strong signal to those farmers, that they are important to their business, and their risk too is risk. A risk that is being shared.
