Evaluation of crop insurance scheme in Sri Lanka
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Evaluation of crop insurance scheme in Sri Lanka by R. N. K. Rambukwella

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Published by Hector Kobbekaduwa Agrarian Research and Training Institute in Colombo .
Written in English


  • Sri Lanka. -- Agricultural and Agrarian Insurance Board -- Evaluation,
  • Crop insurance -- Sri Lanka,
  • Crop insurance -- Sri Lanka -- Statistics

Book details:

About the Edition

Study evaluates the crop insurance schemes carried out by the Agricultural and Agrarian Insurance Board in four districts of Sri Lanka.

Edition Notes

StatementR.N.K. Rambukwella, R.P. Vidanapathirana, T.G. Somaratne.
SeriesResearch study -- no. 122
ContributionsVidanapathirana, R. P., Somaratne, T. G., Hector Kobbekaduwa Agrarian Research and Training Institute.
LC ClassificationsHG9968+
The Physical Object
Paginationxiv, 108 p. ;
Number of Pages108
ID Numbers
Open LibraryOL22976239M
ISBN 109789556120868
LC Control Number2008331073

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Farmers are entitled to a maximum of LKR10, ($) per acre for crop damages during natural disasters, an initiative funded by a 1% levy on the profits of all financial institutions operating in Sri Lanka since Compulsory crop insurance was introduced that year, which was combined with the government’s fertiliser subsidy programme. Agricultural Insurance in Sri Lanka – Building a Knowledge Network and Partnerships 9 March International Water Management Institute (IWMI) Colombo, Sri Lanka The workshop was organized with the funding support from CGIAR Research Program on Climate Change, Agriculture and Food security (CCAFS) and Water, Land and Ecosystems (WLE) and in. The objective therefore was to adapt the weather-based crop insurance model used in India, to the Sri Lankan environment, develop and test new methodologies to streamline the overall process, improve delivery mechanisms, and raise the awareness of insurance among rural Sri Lankans. As of July Training manuals on the weather index insurance product (WII) were developed. Proposal forms and master policy documents were prepared with the help of BASIX, and modified according to the requirements of the Insurance Board of Sri Lanka. A project team was put in place to coordinate with the various farmers’ societies.

  (LBO) – Sri Lanka’s Finance Ministry has expanded crop insurance that has so far covered paddy cultivation to five other food crops. The government had already launched a two-year National Food Production Programme to ensure self-sufficiency in Potatoes, Big Onions, Chilies, Maize and Soya beans. GIIF supports the national agri insurer in Sri Lanka – the Agricultural and Agrarian Insurance Board (AAIB), to improve the effectiveness of the national agri insurance scheme. The project aims to bring in improvements via innovative products (such as index insurance) as well as efficiencies to the current indemnity based system. This publication is primarily concerned with risks to arable and horticultural crops, and the applicability of insurance to managing these risks. Its purpose is to provide an introductory overview of crop and forestry insurance. It begins by defining the boundaries for these types of insurance products in order to assist those interested in exploring and exploiting this financial mechanism. This scheme combines broad agricultural development domains – based upon a district-level analysis of agro-ecological potential; physical access to market; and population density – with an extensive set of detailed, more locally relevant crop suitability maps to determine where agricultural development investments might best be located.

the Agriculture Insurance Company of India, Bangalore. Crop Insurance in India: Changes and Challenges Reshmy Nair An evaluation of the crop insurance programme in India through the multi-peril yield-based National Agricultural Insurance Scheme reveals that while it has done well on equity grounds, the coverage and indemnity payments are. agricultural insurance scheme for the benefit of farmers in respect of the paddy crop, and of such other crops (hereinafter referred to as" specified crops"), as may be specified by the Minister by Notification published in the Gazette and in respect of livestock, which scheme will indemnify them against loss, provide a stabilizing.   Abstract. The droughts of – caused nearly 25% reduction in harvest and nearly 30% reduction in the area cultivated in Sri Lanka. As a result, renewed attention is being paid to farmer income smoothing and adaptation strategies, among which insurance .   Several members raise concerns about the working of the crop insurance scheme on the ground. ePaper; 2hrs Huge cache of drugs seized from Sri Lanka-bound E-BOOK .