26072017 Agriculture Insurance Company of India Limited AIC is given the responsibility to offer agriculture insurance schemes to those in need. It specializes in designing innovative insurance schemes to financially secure the interests of farmers and protect them against agricultural and allied risks arising from natural disasters.
03072016 Agriculture Insurance Company Of India Limited is a Public incorporated on 20 December 2002.
Agriculture insurance company of india. It covers almost 20 million farmers making it the biggest crop insurer in the world in number of farmers served. 11072021 Agriculture Insurance Company Agriculture in India is easily one of the countrys major occupations. Ad Unlimited access to Insurance market reports on 180 countries.
19092019 Agriculture Insurance Company of India Limited AIC a public sector insurance company that offers yield-based and weather-based crop insurance programs in almost 500 districts of India. Aims to economically empower Rural India one of the most potential means of boosting the economy of the country.
Unfortunately agriculture in India can be a risky business for farmers because of the chances of natural. Agriculture Insurance Company of India Limited AIC Administrative Agency. Agriculture Insurance Company of India Limited.
AIC OF INDIA LTD. Crop insurance not only stabilizes the farm income but also helps the farmers to start production after a bad agricultural year. 01042016 Agriculture Insurance Company of India is a short form of AIC.
Agriculture Insurance Company of India Limited AIC was incorporated under the Indian Companies Act 1956 on 20th December 2002 with an authorised share capital of INR 15 billion and paid up capital of INR 2 billion. Enter Your User ID. Agriculture Insurance Company of India Limited AIC has been formed by the Government of India consequent to the announcement by the Honorable Union Finance Minister in his General Budget Speech FY 2002-03 that to sub serve the needs of farmers better and to move towards a sustainable actuarial regime it was proposed to set up a.
The Agriculture Insurance Company of India Ltd has been formed under the aegis of the Government of India. Ad Unlimited access to Insurance market reports on 180 countries. It is classified as Non-govt company and is registered at Registrar of Companies Delhi.
28042021 agriculture insurance company of india Assams Agriculture department has set a ambitious target for enrolling five lakh farmers under Pradhan Mantri Fasal Bima Yojana for ensuing Sali paddy Agriculture minister Atul Bora said that district Agricultural Officers of the State has to take the responsibility to achieve the target failing which department may take action against them. Agriculture contributes 16 to the overall GDP of the country. Details related to the companys stakeholders grievance redressal mechanism and laws are available.
15000000500 and its. Its authorized share capital is Rs. Information is provided about the companys functions managements evaluation process and corporate activities etc.
Login with OTP. Agriculture Insurance Company of India Ltd. Instant industry overview Market sizing forecast key players trends.
Users can get detailed information about the Agriculture Insurance Company of India Limited. Instant industry overview Market sizing forecast key players trends. AIC commenced business from 1st April 2003.
Agriculture Insurance Company of India Ltd. 12102019 Agricultural insurance in India is by which farmers can stabilize farm income and investment against the disastrous result of losses due to natural hazards or low market prices. Insurer of the Scheme entrusted with the role of running the Scheme in coordination with the Governments and Agencies InstitutionsCommittees involved in the implementation of the Scheme.
Approximately 52 of Indians depend on the crops that they yield for their livelihood. As stated in the union budget speech for 2002-03 the main aim behind its establishment was. It aims to give the agriculture insurance coverage and financial support to the farmers.
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