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Posted on March 7th, 2021 KAMALIKA PIERIS Philip Gunewardene, who was very sympathetic towards the farmers, introduced a Crop Insurance Scheme which benefited the farmers immensely. I am not sure whether this insurance scheme is still operative, said Elmo de Silva in 2020 .  Philip   prepared a Crop Insurance Bill in 1958. It was necessary to protect the farmer from crop failure, through crop insurance. This would be tried out first in two pilot projects, one where risk is high and one where risk is low. The pilot projects will not be experimental ones, they will be fact finding. At present we do not compensate when there is loss of crops. We wait till they are

Sri lankaNorth centralGarvin karunaratnePhilip gunewardeneDepartment of agricultural marketingGovernor of the central bank arthur ranasingheCredit bankCentral bankIndustrial credit corporationDevelopment bankCrop insurance schemeElmo de silvaCrop insurance billAgricultural marketingGuaranteed price schemeCooperative federal bank