• Thu Jun 4 2026
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SALICO launches index-based milk insurance scheme

Kathmandu, Nepal, April 26: Sagarmatha Lumbini Insurance Company Limited (SALICO) has introduced an index-based milk production insurance policy aimed at protecting farmers from losses caused by rising temperatures. The product, developed in technical collaboration with PlantSat, links payouts to temperature-induced heat stress that reduces milk production in cows and buffaloes.