Karif season is going on agriculture people s it mainly in July rainy monsoon season

Prime Minister thank you for starting Pradhan Mantri fasal 🙏🙏🙏🙏🙏bima Yojana

""PRADHAN MANTRI FASAL BIMA YOJANA"" Pradhan Mantri Fasal Bima Yojana {PMFBY},scheme was launched in India by Ministry of Agriculture & Farmers welfare,New Delhi on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.

Dear sir. To sell the karif to the govt and private agencies farmers are have to well aware of the rates fixed. They're to calculate the profits to sell to right agency. Platform for rates display must be through state-level local media.

From K.KUPPU SARANGAPANI, 21 UMAPATHI STREET, NALLIKODAN NAGAR, TINDIVANAM 604001 TAMILNADU Cell. 9952743695 Sir, SUB :- PACL INDIA LIMITED - regarding.. I submit that several people in ouy nation have deposited their money with the PACL India Limited expecting double amount after five years. In fact, a lot of depositors have enjoyed the benefit according to the agreement. During congress period SEBI seized the PACL. Case is still pending in the Court for a long years now. I regret, in the meanwhile some depositors died of anguish for the long delay in repayment after maturity. I pray to the Honorable Prime Minister to consider the apathy and discuss about the repayment of the PACL amount in the May Mann Ki Baat programme. Please the people from further death. Thanking you, yours sincerely, K.KUPPU SARANGAPANI

Having the government financially involved may address a moral hazard problem in government behavior: many catastrophes can either be prevented or magnified by government policies, or lack thereof. Having governments financially responsible for some losses might be an incentive for them to put into place appropriate hazard management and mitigation measures;

New conceptual models are being developed to facilitate the transfer of extreme weather risk out of developing countries. This document reports on the progress of several ongoing efforts of the Commodity Risk Management Group (CRMG) at the World Bank that have been motivated by these models. All of these efforts are built on the premise that index-based insurance products can effectively address both the challenge of ex ante financing of highly correlated losses and the challenge of high transaction costs.

The challenge remains of how to make insurance against extreme weather events both more effective and affordable. Two major challenges obstruct the development of risk transfer markets for agricultural losses caused by extreme weather events: 1) organizing ex ante financing for highly correlated losses that result in extremely large financial exposure; and, 2) high transaction costs due to asymmetric information problems such as moral hazard and adverse selection. The latter also makes it nearly impossible to provide traditional agricultural insurance for small farmers given large fixed transaction costs. This greatly increases the average cost, per monetary unit, of insurance protection for smallholder agriculture. Unfortunately, there are few successful examples to consider. Governments in developed countries have provided heavily subsidized crop insurance that is both costly and questionable in terms of net social welfare.

Farmers around the world utilize various risk coping and risk management strategies. However, many of these strategies are inefficient. The economic development literature is full of cases to illustrate how riskaverse, poor farmers often give up potentially higher incomes to reduce their exposure to risk. Both individual households and the larger society incur costs for smoothing consumption across income shocks. In many cases, the poor must resort to paying high interest rates for loans after a major income shock. Some argue that the poor cannot afford to purchase ex ante insurance protection against extreme weather events. However, the widespread use of ex post loans suggests otherwise.

The Pradhan Mantri fasal bima yojana launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.