Business Studies, asked by shivangisethi, 1 year ago

what are the benefits of crop, orchards, animal and poultry insurance to the farmers?

i want answer in detail .

Answers

Answered by santy2
0
CROP;
Cellulosic ethanol production.
with the emergence of the ethanol industry,considerable attention is focused on utilizing crop residues as a feedstock for cellulostic ethanol production..
ORCHADS;
Provide a focal point,a gathering space,&a place where people &the rest of nature successfully work together to create abundant harvest.
Animal;
Help in transportation of goods.
Acts as a raw material for industries.
Poultry insuarance to farmers;
Protects farmers profit in event of loss.
Saves money,time&the worry arising from navigation & understanding complex insurance contracts.

santy2: Agriculture is quite a risky business. This is because of the huge risk poised by such unpredictable phenomenon as natural disasters and crop or animal diseases. Hence benefits of insurance to the farmer includes:
santy2: The benefits include: 1) Elevation of poverty since such disasters can drain wealth from any farmer 2) The farmer has peace of mind because his loses, in case of any, will be compensated by the insurance cover. 3) The farmer can take more risks meaning more investment and consequently more profit. Elaboration of the point above.
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