insurance

Picture-Based Crop Insurance: Does It Work?

Crop insurance can be an important tool to help reduce smallholder farmers’ risk from weather-related shocks. However, many smallholders are not able to access crop insurance because their farms are too small and too remote for insurers to affordably verify crop damage.

Workshop on Pradhan Mantri Fasal Bima Yojana: Improving agricultural insurance

Agriculture is undoubtedly risky, and the risk of a bad year discourages farmers from investing in high-yielding activities. By building resilience, agricultural insurance can help farmers improve their productivity and provide food security. The Indian government has therefore implemented a new agricultural insurance scheme, the Pradhan Mantri Fasal Bima Yojana (PMFBY). On December 21, the International Food Policy Research Institute (IFPRI) and Swiss Agency for Development and Co-operation (SDC) jointly organised a workshop on the PMFBY.

Demand for a Simple Weather Insurance Product

A recent paper in the American Journal of Agricultural Economics analyses whether demand for weather index insurance behaves as expected regarding price, the degree of basis risk (an index’s inability to accurately represent the individual losses of an insured farmer), and farmers’ risk aversion in Madhya Pradesh, India. This is relevant as farmers in India, especially smallholders, face significant income and livelihood risks from weather events.

The Global Food Policy Report 2016: Implications for India

IFPRI’s 2016 Flagship Global Food Policy Report provides an overview of major food policy developments and events over the past year with a particular focus on how food systems around the world can contribute to the achievement of the Sustainable Development Goals.

The Global Food Policy Report 2016: Implications for India

IFPRI’s 2016 Flagship Global Food Policy Report provides an overview of major food policy developments and events over the past year with a particular focus on how food systems around the world can contribute to the achievement of the Sustainable Development Goals.

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