The president appreciated the Government of Punjab for launching the ‘Punjab Crop Insurance Programme’ to provide yield loss protection to the farmers in case of crop failure and crop losses due to calamities and disasters.
The meeting was told that a total of 1.48 million farmers of 27 districts of Punjab were insured against crop failure through a World Bank loan-based pilot program.
It was also informed that the contribution of insurance in the country compared to regional and international countries was quite low and needed to be improved.
Senator Sania Nishtar, Minister for Agriculture, Punjab, Syed Hussain Jahania Gardezi, Federal Insurance Ombudsman, Dr Muhammad Khawar Jameel, and senior executives of insurance companies attended the meeting.
