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More than 34 000 Farmers Received Over 20 Million GEL from Agricultural Support Program

2017 State budget grants 7 million GEL for Agricultural Support Program which is 3 million less compared to 2016 data. The manager of agricultural support program at Project Management Agency, Levan Magradze talks about recent data with Businesscontract.

Agricultural support program is a very actively discussed topic, especially when it comes to natural disasters. Have you calculated farmers’ loss in the recent period?

Concerning recent insurance occasions, at this stage, representatives of insurance company are currently implementing the evaluation of the process. Agricultural Support Program was launched on the 10th of April and more than 7500 insurance policies have been issued. 1000 messages were delivered concerning insurance occasions.

What is the level of activity and are you satisfied with the results?

If we compare it to the same period last year, the activity in this period is twice more. Last year, there have been 3000 insurance policies issues whereas this year, it increased up to 7500.  As a result, 34 000 people received more than 20 million GEL.

How flexible is the product insurance companies offer to farmers and peasants?

This product derives from possibilities and development stages on which insurance industry depends nowadays. We are trying to improve our service annually and at the beginning of every program, we are trying to improve the conditions. However, we still couldn’t deal with some of the issues such as spring freeze or beekeeping.