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Agriculture Insurance Company of India Limited (AIC) is a central public sector undertaking under the ownership of Ministry of Finance, Government of India. It offers yield-based and weather-based crop insurance programs in almost 500 districts of India. It covers almost 20 million farmers, making it the biggest crop insurer in the world in number of farmers served. Agriculture Insurance Company of India Limited is a development finance institution headquartered out of New Delhi, India

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  • Agriculture Insurance Company of India (en)
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  • Agriculture Insurance Company of India Limited (AIC) is a central public sector undertaking under the ownership of Ministry of Finance, Government of India. It offers yield-based and weather-based crop insurance programs in almost 500 districts of India. It covers almost 20 million farmers, making it the biggest crop insurer in the world in number of farmers served. Agriculture Insurance Company of India Limited is a development finance institution headquartered out of New Delhi, India (en)
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  • Agriculture Insurance Company of India Limited (en)
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name
  • Agriculture Insurance Company of India Limited (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/Agriculture_Insurance_Company_of_India.svg
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  • October 2018 (en)
foundation
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industry
  • Agricultural Insurance (en)
key people
  • Ms. Girija Subramanian Chairman & Managing Director (en)
location
  • Plate B&C, 5th Floor, Block 1, East Kidwai Nagar, New Delhi-110023 (en)
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  • Agriculture Insurance Company of India.svg (en)
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  • Crop Insurance (en)
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  • section (en)
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  • Agriculture Insurance Company of India Limited (AIC) is a central public sector undertaking under the ownership of Ministry of Finance, Government of India. It offers yield-based and weather-based crop insurance programs in almost 500 districts of India. It covers almost 20 million farmers, making it the biggest crop insurer in the world in number of farmers served. Agriculture Insurance Company of India Limited is a development finance institution headquartered out of New Delhi, India AIC aims to provide insurance coverage and financial support to the farmers in the failure of any of the notified crop as a result of natural calamities, pests and diseases to restore their creditworthiness for the ensuing season; to encourage the farmers to adopt progressive farming practices, high value in-puts and higher technology; to help stabilize farm incomes, particularly in disaster years. The plan provides comprehensive risk insurance for yield losses due to natural fire and lightning, storms, hailstorms, cyclone, typhoon, tempest, hurricane, tornado flood, inundation, landslide, drought, dry spells, pests/diseases, etc. (en)
profit
  • $74 Million United States dollar (en)
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