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The weather index insurance market in India is the world's largest, having transitioned from small-scale and scattered … pilots to a large-scale weather based crop insurance program covering more than 9 million farmers. This paper provides a … lower basis risk. In addition to pure weather indexed products, hybrid products that combine both area yield and weather …
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Almost 90 percent of Moroccan agriculture is not irrigated, and since most of Morocco's crops depend on adequate rainfall, yields and production vary widely. A drought insurance program based on rainfall index contracts is feasible in parts of Morocco and could significantly benefit its farmers
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