Home / Knowledge / News / Textiles / Spanish farmers can now insure cotton & flax crops
Spanish farmers can now insure cotton & flax crops
04
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


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Top executives
Textile industry, India

The event should be organised every year

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search