Shivchand Rai and Ram Badhan Rai, both smallholder farmers in Madhurpatti village, are confident of getting insurance for their damaged paddy crop, unlike in the past. This has been made possible by an initiative by International Water Management Institute (IWMI).
“I was insured for crop damage due to flood free of cost this year for the first time in my life,” said Shivchand, who owns 7.5 acres of farmland. Even a rich farmer like Bisambhar Prasad Yadav of Belaur village is looking forward to get benefit of the index-based flood insurance (IBFI).