Crop insurance to employ ‘remote sensing technology’ | BusinessWorld Online EditionPosted on October 24, 2011 09:16:40 PM Antonis Malagardis, GIZ-Microinsurance Innovations Program for Social Security (MIPPS) program manager, said that in 2012, GIZ will be investing in remote sensing technology that will be used to assess the rice growth in areas covered by the Area-Based Yield Insurance Product (ARBY). “The technology works by taking high resolution pictures via satellite to identify the rice growth in specific farms. BAS (Bureau of Agriculture Statistics) itself cannot cover the whole country on the basis of the current sampling procedure, which is too expensive and time consuming.

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