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Picture-based crop insurance: using farmers’ smartphone pictures to reduce basis risk and costs of loss verification

A picture-based insurance (PBI) product that assesses crop damage using mobile phone photos uploaded by farmers was implemented in Haryana due to its importance in cereal production, high smartphone ownership and homogenous production patterns, providing an ideal setting for a proof of concept.

Main Topic: 
Mark Content Private(Internal): 
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Publication Date: 
20/07/2020
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