Eight years after its launch, the Agro Consortium, established to develop agricultural insurance products under the Uganda Agricultural Insurance Scheme, has so far insured 700,000 farmers against a target of 10 million insurable farmers. John Makosya, a senior officer at the Agro Consortium, says progress has stagnated due to the exhaustion of the Shs 5 billion subsidy provided by the government each financial year before it runs out.
This forces farmers to pay full premiums, which many find expensive.
