Over 12,000 farmers gain from compensation for crop failure - News Summed Up

Over 12,000 farmers gain from compensation for crop failure


Farmers insure their crops based on projected harvests, with premiums pegged on production output in each region, besides other risk factors. At least 12,000 farmers across the country will be paid Sh100 million in compensation for crop failure. The growers had insured their maize crop last season in a project the government is banking on to achieve food security. “At the time of inception in 2015, we started with 900 farmers, but currently we have registered 425,000 farmers in agriculturally rich counties,” she said. RISK FACTORSFarmers insure their crops based on projected harvests, with premiums pegged on production output in each region, besides other risk factors.


Source: Daily Nation June 20, 2019 15:56 UTC



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