KCCI seeks Guv’s attention towards ‘in-principle approval’ for adopting RWBCIS

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SRINAGAR: The Kashmir Chamber of Commerce and Industry (KCCI) on Monday sought Governor Satya Pal Malik’s attention towards the in-principle approval for adopting the Restructured Weather Based Crop Insurance Scheme (RWBCIS) for horticulture crops such as apple and saffron given by the then Cabinet in March, 2018.
In a statement issued here, the KCCI said that the declared objective of the in-principle approval was “to provide insurance coverage and financial support to farmers in the event of failure of any of the notified crops as a result of adverse weather incidences”.
KCCI has also sought the attention of advisors to the governor – Khurshid A Ganai, Vijay Kumar, B B Vyas, and Chief Secretary, B V R Subrahmanyam.
The adverse weather incident having now occurred and delivered losses, preliminary assessment of KCCI suggesting upwards of Rs 500 crores to state’s horticulture industry, the chamber, in the statement sought to know the reasons for Kashmir “being the only place deprived of this safety cover”.
“The KCCI is happy to learn that the crop insurance scheme is operational in Jammu province since Kharif 2017 but at the same time anguished that being more prone to the vagaries of nature, Kashmir stands ignored in this regard. We understand that the clock cannot be turned back but as the delay has cost our farmers and orchardists dearly and our horticulture sector stands in its own ruins,” the statement read.
The KCCI in the statement, expects the governor to “take effective measures to provide all possible support to the horticulture sector in these times of distress and pain”.