Agriculture insurance company of india ltd. - Chandigarh

Wednesday, 4 November, 2015

Item details

City: Chandigarh
Offer type: Offer
Price: Rs 1,000,000

Contacts

Contact name ram
Phone 9050807257

Item description

AGRICULTURE INSURANCE COMPANY OF INDIA LTD.


Agriculture Insurance Company of India Limited (AIC) has been formed at the behest of Government of India, consequent to the announcement by the then Hon'ble Union Finance Minister in his General Budget Speech FY 2002-03 that, "to subserve the needs of farmers better and to move towards a sustainable actuarial regime, it was proposed to set up a new Corporation for Agriculture Insurance".

AIC has taken over the implementation of National Agricultural Insurance Scheme (NAIS) which, until FY 2002-03 was implemented by General Insurance Corporation of India. In addition, AIC also transacts other insurance businesses directly or indirectly concerning agriculture and its allied activities.