https://www.taxtmi.com/news?id=4176 Four crop insurance schemes provide compensation for farmers: States choose areas/crops to notify; implementation is by the Agriculture Insurance Company and private insurers per scheme guidelines. Yield based compensation relies on state provided yield data; weather index compensation uses automatic weather station data notified by States; coconut palm compensation is based on expert assessment of plant damage. The Department of Agriculture & Cooperation regularly monitors loss assessment and payments to farmers under each scheme. en-us Tue, 04 Dec 2012 17:17:42 +0530 Tue, 04 Dec 2012 17:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4176 Four crop insurance schemes provide compensation for farmers: States choose areas/crops to notify; implementation is by the Agriculture Insurance Company and private insurers per scheme guidelines. Yield based compensation relies on state provided yield data; weather index compensation uses automatic weather station data notified by States; coconut palm compensation is based on expert assessment of plant damage. The Department of Agriculture & Cooperation regularly monitors loss assessment and payments to farmers under each scheme. News - Tue, 04 Dec 2012 17:17:42 +0530 https://www.taxtmi.com/news?id=4176