The working group on risk management in



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wg11 risk
Gehu Mausam Yojna
ITGI introduced a unique Weather Insurance Policy for Wheat farmers, for the Rabi season of 2005-06. This Policy provides the wheat farmers a cover against potential loss in the yield of wheat, arising out of adverse temperatures during the Rabi season. The policy offers coverage in the form of Frost cover(Jan) and Heat Stress cover(March).
The areas covered for Genhu Muasam Yojna are Rajasthan (Kota, Chittorgarh,
Sawaimadhopur, Tonk), MP (Hoshangabad, Ujjain, Ratlam, Dewas, Indore) and
U.P(Jaunpur, Varanasi,Allahabad,Rampur,Badaun,Shahjanpur,Bareilly).Based on data received, ITGI intimates through a suitable channel ( Newspaper, TV etc) about the happening or non-happening of a claim. The claim for each period is settled within 15 days of receipt of data from the IMD. The sum insured under this Policy, is flexible and depends upon the area under sowing. The minimum area for this Policy, is half an acre.

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