The working group on risk management in


(i) Individual assessment of losses in case of localized risks



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wg11 risk
(i) Individual assessment of losses in case of localized risks
NAIS presently provides for individual assessment of losses in case of localized risks, viz.
hailstorm, landslide and flooding, but only in one taluka of a state. Farmers feel the experiment is not adequate, and it should be implemented on a full scale, covering all areas.

Further, they also feel the losses on account of damage by wild animals, should be covered in the scheme and the losses be assessed on an individual basis.
The Working Group supports the view of Joint Group, that localized calamities should be assessed on an individual basis in all the areas. However, with respect to damage by wild animals, it maybe prudent to avoid this, as it is not considered an insurable loss.
Alternatively, the losses assessed and paid through insurance, for damage by wild animals,
may be made good by the government to the insurance company, instead of charging a premium for the risk.

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