Weather Risk Management Services (WRMS), an agri sector company, is benefiting the farmers through its agriculture services and insurance schemes. In an exclusive interview with Mohd Mustaquim, its Managing Director, Sonu Agrawal elaborates the operations of the company with its various verticals
What are the major areas of operations of WRMS, especially for agriculture sector?
Weather Risk Management Services majorly focuses into two verticals in agriculture sector – Agricultural Services and Agricultural Insurance. The company helps the farmers to access insurance services so that he can cover his unforeseen risk in agriculture. This also helps in improving income stability of the farmers make agriculture more sustainable for them.
Due to erratic weather, the farmers have been suffering from its vagaries, thus, weather risk management becomes a very important factor for the agriculture sector, so how has been the impact of your weather risk management services?
Impact of our services are many. Through farm services, we improved farmers’ confidence, improved income stability through adoption of practices that can minimise farmers’ risk and ensure steady production. By optimising agriculture processes and providing market access to the farmers , we are playing a role of catalyst in doubling their income. Impact of our insurance services is very positive and a large number of farmers got benefited. WRMS has left an indelible footprint on the lives of a number of farmers till date by minimising their crop loss risk to a large extent.
How many farmers are getting benefited from your weather risk management services and in what geographical areas?
This story is from the April 2017 edition of Rural & Marketing.
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This story is from the April 2017 edition of Rural & Marketing.
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