1. POSITION VACANT: Senior Specialist – Non Life Actuary, Ministry of Agriculture & Farmers Welfare (MoA&FW) for the UNDP Project “Technical Support Unit for Management of Pradhan Mantri Fasal Bima Yojana”, New Delhi
2. PROJECT BACKGROUND:
Indian agricultural producers make a critical economic contribution to the country but face a number of challenges in securing household income and ensuring food security. A key challenge comprises crop failures and yield losses, triggered by the vagaries of climate. These put at risk the livelihood of a large proportion of India’s population viz. 138 million farm families, constituting the largest private enterprise and contributing more than 18% contribution to national GDP. Agricultural production shocks have huge social and financial repercussions, impacting rural income levels, Gross Domestic Product (GDP) and poverty rates.