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Blockchain technology transforming of Agriculture insurance in India
Agriculture insurance Agriculture Insurance or Insurance in general is a domain that is prone to losses due to information asymmetry. As simple as it sounds, it’s extremely difficult to eliminate this hurdle due to multiple factors. These rising numbers of
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Leveraging of Blockchain technology for optimizing food supply chain
Blockchain technology can be used to leverage and optimize food supply chain. Imagine entering a supermarket for fruits and vegetables shopping, you scan a QR code and every detail of the apple you’re about to buy is displayed right away.
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Doubling Income of Small Scale Farmers by 2024
The condition of farmers overs the years has not been very rosy. India faced a severe food shortage in the mid-1960s and lessons from this crisis have been a guiding light for the agricultural policies in the subsequent years. The
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Improved Rural Financing through Micro Lending
Financing the Indian Farmer through Rural Financing models Rural financing has always been perceived as an inherently risk prone area creating a gap that needs to be filled by Formal Credit institutions. The Reserve Bank of India and the Government
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PM Fasal Bima Yojana : Providing farmers the Best Insurance Scheme
Inculcating the culture of formal institutional credit for agriculture Pradhan Mantri or PM Fasal Bima Yojana (PMFBY) was launched in 2016 as an insurance scheme for the agricultural products to take the major burden of risks of low yield from
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Weather based crop insurance scheme for farmers is an excellent program
Need for Crop Insurance in India Agricultural Insurance culture is not new to India and various government schemes have been initiated in the last 3-4 decades. Ever since the introduction of the Comprehensive Crop Insurance Scheme (CCIS) in 1985 varied
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India’s Pashu AADHAR exercise to cover its entire livestock population
Pashu Aadhar India is the biggest milk producer with the world’s largest livestock population. However, the major issue plaguing the country’s livestock sector is its low productivity, apart from poor animal health, prevalence of economically debilitating diseases, and pedigree testing/genome
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Organic Farming and Bio Inputs is the future
India needs more focus on organic farming Organic farming and use of bio inputs is not new to India and has been practiced for centuries. Not only our country but also, all modern economies have been struggling to ensure food
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Brand Godrej carries the legacy of trust in Agriculture too
Private players playing a pivotal role in Agriculture Godrej Group is among India’s oldest conglomerates founded in 1897. The group operates in sectors as diverse as real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products. Godrej Group
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National e-Governance Plan (NeGP) in Agriculture is a game changer
IT Intervention in Agriculture The National e-Governance Plan (NeGP) was launched by the Government of India to make all government services available to the citizens via all digital channels including electronic media. National e-Governance Plan NeGP was devised by the Department of
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