In country where floods ravage more than 40 million hec tares of land mass and 68% of the total area is vulnerable to periodical droughts, the enormous dependency of crop production on rainfall hardly needs reiteration. According to the crop loss data for the period 1985-2002, more than 70% of the crop loss is a result of drought and about 20% owing to excess rainfall.
The weather index insurance market in India
The weather index insurance market in India
The weather index insurance market in India
In country where floods ravage more than 40 million hec tares of land mass and 68% of the total area is vulnerable to periodical droughts, the enormous dependency of crop production on rainfall hardly needs reiteration. According to the crop loss data for the period 1985-2002, more than 70% of the crop loss is a result of drought and about 20% owing to excess rainfall.