The crop insurance scheme has only 4 days left for the apply. Farmers can apply for crop insurance scheme by July 31. One of the biggest problems of the farmer is the natural disaster, in which all the hard work done in the fields is wasted. One way to give protection to the crops is through crop insurance scheme.
If the farmer ensures one-hectare farm, then the insurance is 24 to 45 thousand rupees (according to the crop). For this, the farmers have to give only Rs 1,500 to Rs 2,000. Under this, all types of crops (Rabi, Kharif, Commercial and Horticulture crops) have been included. 2% premium will be paid for the crops of Kharif (paddy or rice, maize, Jowar, millet, sugar cane etc.). 1.5% premium to be paid for Rabi (wheat, barley, gram, lentils, mustard etc.) crop. 5% premium will be paid for annual commercial and horticultural crops.
There is no upper limit on government subsidy in the scheme. That means the remaining premium is 90 percent, it will be borne by the government remaining premium will be given to the insurance companies by the government. These will be shared equally by the state and central government.The premium rate of the scheme has been kept very low so that the farmers can easily afford the installments. But keep in mind that disasters created by man such as ignition, theft, burglary etc. are not included in this plan. Read More
If the farmer ensures one-hectare farm, then the insurance is 24 to 45 thousand rupees (according to the crop). For this, the farmers have to give only Rs 1,500 to Rs 2,000. Under this, all types of crops (Rabi, Kharif, Commercial and Horticulture crops) have been included. 2% premium will be paid for the crops of Kharif (paddy or rice, maize, Jowar, millet, sugar cane etc.). 1.5% premium to be paid for Rabi (wheat, barley, gram, lentils, mustard etc.) crop. 5% premium will be paid for annual commercial and horticultural crops.
There is no upper limit on government subsidy in the scheme. That means the remaining premium is 90 percent, it will be borne by the government remaining premium will be given to the insurance companies by the government. These will be shared equally by the state and central government.The premium rate of the scheme has been kept very low so that the farmers can easily afford the installments. But keep in mind that disasters created by man such as ignition, theft, burglary etc. are not included in this plan. Read More
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