General insurance major — United India Insurance, Chennai, has rolled out a comprehensive ‘Agroforestry Plantation Insurance’ plan for tree plantations.
This scheme is expected to open a new chapter in sustainability of tree husbandry in Tamil Nadu.
Vice-Chairperson of the State Planning Commission, Government of Tamil Nadu, Santha Sheela Nair unveiled the tree insurance scheme at the Forest College and Research Institute, Mettupalayam.
Highlighting the said scheme, the Dean (Forestry) P. Durairasu said that the research institute worked with the insurance company for developing a cover for tree crops, in view of the fact that the existing crop insurance scheme did not cover tree crops.
This scheme will cover pulpwood trees such as Casuarina, Eucalyptus (pulpwood), Melia dubia (plywood), Ailanthus, Gmelina (matchwood) and Leucaena and Dalbergia sissoo (Indian rosewood), he said.
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