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Crop Insurance News

Crop Insurance: Pradhan Mantri Fasal Bima Yojana

Government has launched Pradhan Mantri Fasal Bima Yojana. The main objective of the scheme is to provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.

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Crop Insurance : Under crop insurance policy, drones used to access the crop loss

New Crop Insurance Scheme (NCIS) is expected to be approved by the Cabinet next week. Drones being deployed to assess crop damage figures.

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Crop Insurance : New crop insurance scheme will be farmer friendly

Agriculture minister Radha Mohan Singh has said that new crop insurance scheme will be more attractive and farmer friendly.
Singh said apart from extending scope and coverage in terms of area, crops and risk, the aim is to ensure premium rates that states and farmers have to pay comes down. Also we want the farmer to get immediate relief of at least 25% at times of crop loss due to any natural disaster.

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Crop Insurance : Farmers in MP will get receipt of premium paid for crop insurance

Co-operative and Panchayat Minister of Madhya Pradesh, Gopal Bhargava assured the state Assembly that henceforth receipt will be provided to farmers for the premium paid by them under crop insurance scheme.

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Appeal for individual crop insurance scheme

Madras High Court is having confidence that the Centre would look into a plea for individual crop insurance scheme as early as possible. A bench consisting Chief Justice Sanjay Kishan Kaul and Justice Pushpa Satnyanarayana made the observation while disposing of a petition by former DMK MLA M Appavu seeking crop insurance for individual farmers in Tamil Nadu.

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