75572
Threefold Rise in Mazandaran Citrus Insurance
Threefold Rise in Mazandaran Citrus Insurance

Threefold Rise in Mazandaran Citrus Insurance

Threefold Rise in Mazandaran Citrus Insurance

Around 12,300 hectares of citrus fruit orchards in Mazandaran have been insured in the current Iranian year (started March 21), registering a threefold increase compared with last year when early frost caused extensive damage to citrus trees in the northern province.
“Last year’s frost destroyed over 50% of the citrus fruits before harvest, and farmers incurred losses amounting to 6 trillion rials ($148.15 million),” the head of Mazandaran Agricultural Products Insurance Fund, Hamid Razavinia, was quoted as saying by IRNA.
Delavar Heydarpour, the head of Mazandaran Agricultural Jihad Organization, said last year about 80,000 hectares of farms were affected by the frost, noting that only 6,000 to 7,000 hectares or around 8% of these farms were insured.
More than 110,000 hectares of land go under the cultivation of citrus fruit in Mazandaran, which meet nearly 50% of domestic demand.
The government pays 78% of the farmers’ insurance premium as subsidy.

Short URL : https://goo.gl/k2eTL1
  1. https://goo.gl/VbTFNi
  • https://goo.gl/gUXgDx
  • https://goo.gl/UNFqU5
  • https://goo.gl/w4tVur
  • https://goo.gl/vXVbBS

You can also read ...

Tehran Stocks Make Record Gains to Stand at All-Time Highs
Bulls are on parade in Tehran's equity market, and they are...
Aside from European countries, 70-75% of other countries are using EASA standards and regulations.
Plans are underway to update and implement new rules and...
Tech Titans Trying to Kill Calif. Privacy Initiative
As data-sharing scandals continue to mount, a new proposal in...
Freak Plunge in Nintendo's Stock
Nintendo has been red hot for the past few years, but...
People walk by the Paris branch of Bank Saderat Iran.
Bank Saderat Iran, which boasts the most expansive overseas...
Iran’s Share in Global Sheepskin Exports at 5%
Iran has a share of 5% in global sheepskin exports and a 1%...
Gold Coin Bullish Despite Massive Supply
Despite several schemes by the Central Bank of Iran to satisfy...
Venture Capital Funds Essential to Startup Growth
Praising venture capital funds, Iran's Vice President for...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus