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Spanish farmers can now insure cotton & flax crops
Feb '14
Spanish farmers producing cotton and flax (flax fibres are used to manufacture linen) can now insure their products under the AAA/94/2014 Order 961 published by the Official State Gazette of (BOE) of Spain.
Under the order which is being implemented since February 1, goods, yields and income from yields, that are defined in the Crop Insurance Plan of 2014 of the Ministry of Agriculture, Food and Environment, which includes the area of land that could be covered for insurance, the warranty periods, subscription dates for farmers, and the unit prices of insurance determined according to the area of land used for cultivation, now also extends to crops which are produced for manufacturing textiles, such as cotton and flax.
According to the order, different varieties of cotton and flax could be insured by cotton growers in the country if their production process is completed within the warranty period, and the crops are cultivated on the area of land defined in the insurance plan of 2014.
The order also states, that facilities like irrigation could also be insured by the farmers growing these crops, provided they meet with the specifications mentioned under Annex II of the new order, which mentions that irrigation facilities on the plots cultivated for such crops could be insured only if the water pumps and motors used for these facilities are not older than 20 years after being made.
However, insurance for such facilities could only be availed if the indemnified maintains the plot of land, by performing the maintenance work which is necessary to prevent risks.
As per the order, the insurance facilities under the order could be availed by farmers cultivating cotton on plots of land located in Spanish provinces of Alicante , Badajoz , Caceres , Cadiz , Cordoba , Huelva , Jaen , Malaga (exclusively in the Northern Region and Antequera), Murcia , Seville and Toledo, whereas farmers cultivating flax throughout the country can avail these insurance facilities.

Fibre2fashion News Desk - India

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