Insurance will not cover loss of farmers this year - deputy

Date: 14:32, 17-11-2014.

Astana. November 17. KazTAG - Insurance will not cover loss of farmers this year, said Romin Madinov, chairman of committee on agricultural issues.
"Insurance factually isn't working in our country. What we did- obligatory insurance of crop growing, but at the same time we created a community of mutual insurance. Factually it is retreat from reality. Insurance cannot cover the loss of farmers this year, especially in the north where they did not finish harvesting campaign on time," he said.
"Unfortunately this year showed that we 60-70 percent depend on the weather," he said.
In his words insurance system on this issue must be changed.

Share the news: