NEW DELHI, August 7, 2018
India’s leading climate risk management company, Weather Risk Management Services Pvt. Ltd., leverages Remote sensing and Geographic Information System (GIS) technologies for real-time analysis and forecasts of weather, floods and monitoring crop area sown, lost or damaged due to floods and rainfall.
Agriculture is one of the major sectors in Indian economy. India being a world’s largest producer of rice, wheat and pulses, must keep up its pace with growing digital technologies. Over the past few decades, Remote Sensing & GIS has grown exponentially in many sectors for visualization, monitoring, management and potential development. Remote Sensing & GIS technology enables agencies to get reliable information of natural and man-made features, or processed and interpreted appropriately phenomenon occurring over the earth’s surface without making any physical contact. Nowadays, farmers rely on these technological improvements. Brief descriptions of Remote Sensing services provided by WRMS are given below.
Crop Sown Area Estimation: Crop sown area estimation is one of the major sections in agriculture Remote Sensing activities, which is done for entire country. Remote Sensing play a crucial role in mapping and monitoring of various crops sown area estimation.
Satellite data such as Sentinel-1, 2, Landsat-8, World View-3, LISS-IV and more provide precise level crop sown area and helps in crop loss assessment due to various catastrophic disasters. WRMS estimates the crops and vegetables sown area of paddy, cotton, wheat, pulses, potato, peas and more.
NDVI (Normalized Difference Vegetation Index): This is primarily used for the assessment of vegetation dynamics, particularly in determining the crop health status. With NDVI, the possibility of understanding the crop phenology escalates as it explains the crop chronology and their relationship with weather and climate (season). NDVI is measured using mathematical calculation of spectral bands within the satellite image which measures healthiness of vegetation, as it has a robust correlation with green biomass indicating a healthy vegetation or crop.
Crop Diseases Identification: Remote Sensing technology provides spatially distribution of information of diseases and pests over a large area with relatively low cost. With the help of satellite imagery and spatial analysis techniques, crop infected areas are identified like Mealybug, Plant Hopper, and White Fly to get an overview for evaluating the potentially infected areas.
Soil Properties: Soil properties are crucial in farm management practices as it has direct impact on the yield output. Change in farming system and land management results in soil change which compromises the current and future capacity for primary production and provision of crops and by Micro Nutrition’s mapping as soil is a very important aspect of agriculture with characteristics like soil pH, soil organic matter, soil texture, etc. These characteristics infer information about soil condition by observing what happens on the surface in terms of vegetation growth. On the other hand, water content available within the soil is a very important factor that is taken into consideration by soil moisture mapping.
Flood Impact: Every year in Kharif season, majority of agriculture area is damaged due to flash flood or excessive rainfall. Satellite Remote Sensing provides significant information through the use of satellite imagery along with ground-based data collected from ground surveying teams, to compute precise damage assessment. In case of flood due to rainfall, the excess amount of water caused by the precipitation affects the agricultural area where the water drainage system is absent causing Inundation. Flood due to overflow ultimately forms small tributaries and joins the river, creating a situation of flood in the vicinity of river banks and river plains. The damage assessment of flood can significantly improve the role of land use planning in managing flood risk.
NATCAT Modelling: Natural Catastrophe modelling is a system to estimate the real time or possible forecast of risk assessment, using the probabilistic approach to predict the outcome and behaviour of natural hazards. This includes risk mapping and measuring hazard through computer simulated catastrophe models where scientific studies and historical occurrences are linked with advance information technology and geographic information system (using Remote Sensing & GIS). Flood risk maps are prepared depending on the estimated depth of inundation of flood. The estimation is commonly derived from various hydrological and remotely sensed data where the process ensures that areas having higher depth of inundation will be assigned a high ‘hazard denomination’.
Drone Image Analysis for Crop Damage Assessment: Drone image analysis is very useful in micro level-crop assessment for crop loss due to hail storm, horticulture tree counting, diseases and many more. The accuracy of Drone image data is directly related to the spatial resolution of the input imagery as the spatial resolution is very high ranging from 50cm and increase as per the requirement.
About Weather Risk Management Services Pvt. Ltd.
Weather Risk Management Services Pvt. Ltd. is on mission to secure sustainable income for farmers through various technological interventions, Big Data and financial products such as Crop Insurance Advisory Pioneers in creating effective solutions to manage and mitigate weather and agricultural risks, WRMS provides comprehensive financial solutions which are powered by data and technology to solve climate related challenges specially for businesses which have high dependence on climatic conditions. Founded in 2004, WRMS has a range of smart products that improve productivity in diverse sectors with least environmental costs. WRMS has created considerable outcomes in some of the toughest agriculture environments worldwide. They work extensively with governments, global insurers and visionary leaders who wish to drive transgenerational impact in agriculture.
Impact of their solutions has been widespread. Current global projects can secure a daily income of $2for 2 million farmers. WRMS manages an agriculture insurance portfolio of close to $ 1.5 billion for their clients. WRMS has transformed the lives of close to 2 million farmers in Asia. It has assisted insurers for assessing losses for a premium base of Rs. 6,000 crores in 100 districts so far. It has also conducted close to 2 lakh farm surveys in 25,000 villages across India in 2017.
Media Contact:
Ankita Dewan
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+91-8826481144
