/Gov’t working with FAO to develop insurance scheme for farmers

Gov’t working with FAO to develop insurance scheme for farmers

Principal Director, Planning and Policy, Ministry of Industry, Commerce, Agriculture and Fisheries, Shaun Baugh, addresses the opening session of the Food and Agriculture Organisation’s (FAO) national consultation to discuss priorities for Jamaica’s food and nutrition security and rural development held at The Knutsford Court Hotel in New Kingston on February 20.

KINGSTON, Jamaica (JIS) — The Government of Jamaica is working with the Food and Agriculture Organisation of the United Nations (FAO) to develop an insurance scheme for crop and livestock farmers.

Principal Director, Planning and Policy, Ministry of Industry, Commerce, Agriculture and Fisheries, Shaun Baugh, said that there have been models in the past that have worked, but they were not sustainable.

“We are now in a very serious way, looking at all the past initiatives and putting them together to make a specific insurance scheme that our farmers will buy into and will benefit the country,” he said.

Baugh was speaking with JIS News following the opening session of the FAO national consultation to discuss priorities for Jamaica’s food and nutrition security and rural development at The Knutsford Court Hotel in New Kingston yesterday.

He pointed out that having an insurance scheme in place will better assist farmers to rebound from a natural disaster.

“It will also reduce the amount of expenditure that the Government has to spend every time there is a disaster, because whenever there is flooding, drought or hurricanes the Government has to step in and quickly provide that relief,” he said.

He noted that agriculture is the only sector that can rebound within three months “and it is important for us to put into the hands of farmers some comfort in the form of an insurance that will allow them to be able to rebuild and provide for their families if any form of natural disaster should occur”.

http://www.jamaicaobserver.com/latestnews/Govt_working_with_FAO_to_develop_insurance_scheme_for_farmers

By |2018-02-22T14:53:54+00:00February 22nd, 2018|news|0 Comments

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