Gov’t introducing agricultural crisis insurance scheme
The government is introducing an agricultural crisis insurance scheme to address recent market difficulties in the sector and challenges in the near future, including the current market and economic conditions caused by the coronavirus epidemic, writes adozona.hu.
The bill on this was submitted to the Parliament by Minister of Agriculture István Nagy, his ministry announced.
Domestic agricultural risk management currently addresses the weather challenges of crop production with three overlapping elements.
With the introduction of the new fourth pillar, producers will also be able to cover their losses due to market disturbances, falling prices or animal and plant diseases, the ministry says.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
