The Indian government finance minister announced the 2009-2010 Economic Survey results this week. This annual survey looks at how the economy is progressing and suggests the governments ideas for ways to further stimulate and mature the quick growing financial markets in India.
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Agriculture Insurance Company of India is preparing to begin offering weather insurance cover for mangos and apples in selected producing blocks in Himachal, India. This pilot scheme is being run to assess whether the product works for the insured, insurer and government prior to a larger rollout (if successful).
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India seem to moving ahead as one of the most advanced regions of the world implementing crop weather insurance schemes. For a long time now there have been index based weather insurance schemes available to rural farmers through microfinance schemes, these schemes work well (most of the time), but assessing claims is proving difficult due […]
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