India's New Climate Insurance: Supporting Farmers with Tech

India is launching a new type of insurance called parametric insurance to help farmers deal with climate change.

This insurance pays out automatically when the weather hits certain levels, like too much rain or not enough.

Unlike old insurance, this new plan uses tech like satellites and AI to be quicker and fairer for farmers.

Small farmers often have trouble getting insurance, but this plan aims to make it easier and cheaper.

It uses data to pay out to farmers when they need it most.

This helps them recover from climate disasters.