Ministry of Finance works in Nghe An on agricultural insurance

(Baonghean) - On the afternoon of December 30, the working delegation of the Ministry of Finance led by Mr. Trinh Thanh Hoan - Director of the Department of Insurance Management and Supervision - Ministry of Finance had a working session with the Steering Committee on agricultural insurance (BHNN) of Nghe An province. Attending the meeting were Mr. Ho Ngoc Sy - Member of the Provincial Party Committee, Deputy Director of the Department of Agriculture and Rural Development and representatives of a number of provincial departments and branches.

Nghe An is the only province in the country chosen to implement agricultural insurance in both areas. Up to now, the province has established Steering Committees in 6 districts and 115 communes, registered subjects and pilot areas for insurance. Specifically: rice crop insurance on a district-wide scale in Yen Thanh, Dien Chau and Quynh Luu; buffalo, cow and pig insurance on a commune-wide scale in 9 communes of Do Luong, Thanh Chuong and Tuong Duong districts. The Steering Committee has coordinated propaganda and organized training to all communes participating in the pilot; provided insurance training to agricultural insurance agents, and compiled the number of livestock and productivity, area, and number of rice-growing households in localities participating in insurance.

In the coming time, Nghe An will conduct training on the distribution system, training on policies and rules of livestock insurance for pilot districts, and organize for households to register for rice crop insurance before implementing the 2012 spring crop production. The Steering Committee also proposed to the Ministry of Finance a number of issues such as policies to support damage caused by natural disasters and epidemics in addition to the amount paid by the insurance agency, and to soon provide operating funds for the Steering Committees at all levels and insurance fees.

Phu Huong