Coconuts are an important commodity in the country as it has an extremely high export value. And the best part about coconuts is that they are perennials – that is they grow all along the year, unlike seasonal plants.

However, due to certain environmental factors like calamities or rampant pest attacks, one’s entire coconut cultivation may wipe out within hours. To save such massive losses, the government of India initiated the Coconut Palm Insurance Scheme or the CPIS.

Objective of the CPIS:

The primary objective of the CPIS is to protect coconut cultivators from incurring massive losses. However, this main objective can be further diversified as follows:

What are the risks covered by the CPIS?

In conclusion

To ensure the safety of coconut plants across the nation so that the cultivators can rest assured is primarily the agenda of the scheme.

Check out the video for Coconut Palm Insurance Scheme (CPIS)