The working group on risk management in
Download 0.68 Mb. View original pdf
|
| 1.3. Presentations The Working Group, in the course of its meetings organised presentations from experts and agencies, on important fields and issues in agriculture. The brief details of these presentations areas follows: (i) Status of Crop Insurance in India – Agriculture Insurance Company of India Ltd. (ii) Crop Insurance Design & Rating Method of Area Yield Insurance–The World Bank (iii) Contract Farming – Prof. Gopal Naik, IIM Bangalore (iv) Contract Farming – PepsiCo India Ltd. (v) Contract Farming – Jain Irrigation Systems Ltd. (vi) International Trade – Dr Rajiv Mehta, CACP (vii) Commodity Markets - NCDEX (viii) Bio-Diesel Plants – Dr Paramathma, Tamilnadu Agriculture University (ix) Use of Remote Sensing Technology in Crop Insurance – RMSI (x) Medium Range Weather Forecasting Models – Prof. U C Mohanty, IIT Delhi (xi) Innovative Index Based Insurance Models – ICICI Lombard General Insurance Co. (xii) Managing Climate Risks – Prof. Siva Someshwar, IRI for Climate and Society (xiii) Transgenic Seeds and Issues – Monsanto Seeds (xiv) Agro-Meteorological Advisories – Mr. SC Bhan, Director, India Meteorological Department (IMD) (xv) Livestock Insurance – Prof. R K Parchure, National Insurance Academy (NIA) (xvi) Credit Risk Fund – Dr Rajasekharan, Chief of Kerala State Planning Board (xvii) Disaster Management in the context of Agriculture – Dr Vinay Sehgal, National Institute of Disaster Management (NIDM) The Working Group made extensive use of statistical data available with the Agriculture Insurance Company of India Limited (AIC), and utilized the inputs of the Joint Group setup by the Ministry of Agriculture (GoI) into make an extensive review of Crop Insurance. The Working Group has also benefited, from the findings of Technical Assistance provided to AIC by the World Bank recently, on design & pricing of Area Yield insurance product. Similarly Chapter (Risks in Agriculture) used inputs from “Managing Agricultural Production Risk – Innovations in Developing Countries, World Bank (The Group also received inputs from ICICI Lombard General Insurance Company, IFFCO Tokio General Insurance Company and Agriculture Insurance Company of India Limited (AIC), particularly on weather insurance products. This Report is the result of the collective efforts of the members of the Working Group. The Working Group gratefully acknowledges the inputs and guidance received from all stakeholders and wishes to thank all those, too numerous to be mentioned by name, who have contributed in the preparation of the Report. This Report is being submitted by the Working Group, with the hope that its recommendations and the initiatives suggested, will find acceptance by the Planning Commission and the relevant Ministries and Departments of Government of India, committed to the cause of mitigating risks to insulate farm incomes and food security from periodic shocks. Download 0.68 Mb. Share with your friends:
|