Trade and markets
 

Detail

Area
India
Commodity Group
Oilseeds, oils and meals
Commodity
Coconut
Date
01/07/2013
Policy Category
Production
Policy Instrument
Sector development assistance
Description
Considered measures to increase farmer uptake of the country\'s Coconut Palm Insurance Scheme.
Notes
INDIA – coconut sector support - Insurance scheme: With a view to increase farmers’ uptake of the Coconut Palm Insurance Scheme, which was launched with central and state government support in 2009 to protect growers against natural calamities (see MPPU Jan.’10), the Coconut Development Board has proposed the following policy changes: replacing single tree coverage with area or region-wise coverage to increase cost effectiveness; contract extension from 1 to 3 years; and raising the insurance amount from Rs 600 per palm toRs 2 000.