India's Technology Integration in Agriculture Aims for Universal Insurance by 2047
India is advancing towards a goal of universal insurance coverage in agriculture and allied sectors by 2047, leveraging technology to manage climate risks. The initiative involves using digital and space infrastructure, such as satellite missions, drones, and IoT sensors, to provide real-time data and automate underwriting processes. This approach aims to protect farmers, herders, and rural entrepreneurs from natural calamities and climate volatility, enhancing stability and sustainable growth in rural areas. The integration of technology in insurance is expected to transform risk management into a scalable and resilient system.