Agriculture insurance in Nepal: 8 years on, farmers don’t know about the facility due to passive stakeholders

Farmers had to bear a loss of more than Rs 11.87 billion due to unseasonal rains and subsequent damage in October 2021 , according to the Ministry of Home Affairs.

Under its relief programme, the Ministry of Finance allotted a total of Rs 1 billion. But, the farmers did not get relief as per the damage they induced. So, the fact underlined the importance of agriculture insurance for the farmers.