India to map farms with satellites to offer crop insuranceStaff writer ▼ | February 26, 2015
India will deploy satellites to digitally map each farmland in the country using GPS technology to offer yield-based crop insurance to farmers, according to a senior government official, reports Far Eastern Agriculture.
India GPS to provides location and time information in all weather conditions
“The data received from the satellites will also be useful in providing vital agricultural knowledge inputs to the farmers. Insurance Regulatory and Development Authority of India (IRDA) will work with insurers to develop a standard product that will be easy to market with terms of settlement to attract farmers," said the official.
The move is in sync with Prime Minister of India Narendra Modi’s call for focusing attention on the health of soil in agricultural areas to boost productivity and bring about increased prosperity, he concluded. ■