International Conference on Innovative Agriculture Financing Innovations in Managing Catastrophic Risk in Agriculture Strategy & Actions
Calamity Declarations in Between 2002 to 2006 Province No. of Notifications Districts Affected Tehsils Affected Villages Affected Punjab 70 70 Not known Sindh 10 30 Districts 84 talukas / tehsils Not known KPK 22 81 Districts , 500 talukas / tehsils Not known
Calamity Declarations in Between 2009 to 2011 Province No. of Notifications Districts Affected Tehsils Affected Villages Affected Punjab 21 21 48 2, 379 Sindh 16 30 98 15, 780 approx KPK 3 20 46 1, 399 Baluchistan 1 13 15 20 UC Total 41 95 207 19, 578
Calamity Declarations in During 2012 Province No. of Notifications Districts Affected Tehsils Affected Villages Affected Punjab 4 4 Various 319 Sindh 1 7 Various 500 approx. KPK - - Baluchistan 1 4 Various 65 Total 6 4 - 65
Calamity Declarations in During 2013 Province No. of Notifications Districts Affected Tehsils Affected Villages Affected Punjab 27 27 Various 798 Sindh 1 1 Various 8 KPK - - Baluchistan 1 4 Various 65 Total 29 29 - 871
Calamity Declarations in During 2014 Province No. of Notifications Districts Affected Tehsils Affected Villages Affected Punjab 12 12 Various 892 Sindh 5 5 Various 53 KPK - - Baluchistan - - 17 17 - 945 Total
CLIS Performance Year wise S. No Fiscal Year Amount Insured Premium Paid Claim Lodged 1 2010 -2011 27. 223 0. 604 2. 523 2 2011 -2012 29. 119 0. 653 2. 014 3 2012 -2013 25. 759 0. 599 1. 585 4 2013 -2014 27. 079 0. 635 0. 834 5 July-Oct 2014 7. 505 0. 160 0. 109 TOTAL 116. 684 2. 651 7. 066 Data source SBP Agricultural Credit & Microfinance Dept.
Way Forward n Moving to the next level – From Crop Loan Insurance Scheme to National Crop Insurance Scheme n Increasing Indemnity levels from Input Cost to Yield Based and finally to Revenue Based Scheme n Intervention into other Agri sectors
Crop Insurance-Support at Global Level S. No. Country Extent of Support Main Support 1 USA 70% - 75% Prem subsidy Admn. Expenses 2 Canada 70% Prem. Subsidy Admn. Expenses 3 Philippines 70% Prem. Subsidy 4 Spain 50% - 60% Prem. Susidy Reinsurance cost 5 Israel 50% Prem. subsidy
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