Tag

Monsoon Onset

2 cards

DevelopmentRCT
Delayed Monsoon Index Contract Architecture
Contract payouts triggered in 4 villages in Andhra Pradesh, dispensing tiered indemnity cash payouts of Rs. 300, Rs. 750, or Rs. 1,200 per unit purchased depending on the duration of monsoon delay.
Economics (general)RCT
Delayed Monsoon Onset Index Contract Architecture
Payouts ranged from Rs. 300 (15-day delay) to Rs. 1,200 (25-day delay) per unit; 14–15% of the sample households experienced qualified payouts across 4 Andhra Pradesh villages during the 2011 Kharif season.