24-07-2020

Pakistan:Govt looking at crop insurance plan

Insurance Alertss
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24-07-2020
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Pakistan:Govt looking at crop insurance plan

The government has been working on a crop insurance plan targeted at farmers, National Food Security & Research Minister Syed Fakhar Imam has revealed.

He said the food ministry in collaboration with the National Disaster Management Authority would make all-out efforts to save crops from rains and floods.

“There is no immediate threat of food shortage in the country despite the ongoing locust attacks and prediction of above-normal monsoon rains,” he said during an interview with VOA, according to a report in Pakistan Today. “The government is making a strategy for the next year in view of the decline in agricultural production.”

The minister said that the Met Office has predicted 10% extra rains during this monsoon season which might affect crops.

Source: Asia Insurance Review