Weather Based Crop Insurance Scheme PDF Download | WBCIS Operational Guidelines PDF Download
OPERATIONAL GUIDELINES
INFORMATION OF PDF FILE FOR FREE DOWNLOAD | |
Title of PDF File | WBCIS Operational Guidelines PDF Download |
Language of PDF File | English |
Size of PDF File | 279 KB |
No of Pages in PDF File | 11 |
RESTRUCTURED WEATHER BASED CROP INSURANCE SCHEME
Weather Based Crop Insurance Scheme (WBCIS) aims to mitigate the hardship of the insured farmers against the likelihood of financial loss on account of anticipated crop loss resulting from adverse weather conditions relating to rainfall, temperature, wind, humidity etc. WBCIS uses weather parameters as “proxy‟ for crop yields in compensating the cultivators for deemed crop losses. Payout structures are developed to the extent of losses deemed to have been suffered using the weather triggers.