Crop insurance
More farmers buying insurance against drought
More and more farmers that are concerned about the adverse effects of climate change are buying insurance policies to protect them against potential financial losses due to drought.
In the first three months of 2022, a record number of growers applied for this particular insurance.
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Subsidies for farmers and agricultural holdings – The provisions of the amendment
The criteria and the procedure followed for the subsidization of farmers and agricultural holdings that have suffered extensive damage from natural disasters, are determined by the amendment of the Ministry of Finance, submitted to the draft law of the Ministry of Justice entitled "Reforms in the legislative framework of the National School of Judicial Officers
Over 9,200 ha of Corn Completely Damaged by Hail in Central Bulgaria
Over 9,200 ha of corn have been completely damaged by hail, Minister of Agriculture Desislava Taneva said at the start of harvest in Sliven, a reporter of Focus Radio Sliven said. For the affected areas, the state will compensate a small part of the costs, their size and payment this year will be decided upon after the end of the season, said Minister Taneva.
Bulgarian Farmers will Receive an Additional BGN 700,000 for Insurances
State Fund Agriculture decided to increase the budget of the state aid scheme for the co-financing of insurance premiums for agricultural products insurance by BGN 700,000 in 2018. Thus, the total amount for agricultural insurance reaches BGN 2.2 million.