Objectives: The objectives of the scheme are as under: -
more info... Operational modalities The State/UT Govt. intending to participate in the Yojana has to intimate their consent thereto. more info... Crop Insurance With only 15 percent of the cropped area under irrigation, farmers, especially in the rain-fed regions - bear considerable risk from adverse weather conditions. In order to protect farmers from this risk, a comprehensive corp insurance scheme was introduced in 1985. At present, ten kharif crops, viz. paddy, jowar, bajra, groundnut, tur, sunflower, sesamum, nigerseed, soyabean and ragi and seven rabi crops, viz. jowar, wheat, gram, safflower, sunflower, summer groundnut and summer paddy are included in the scheme. The State and Central Governments grant a subsidy on the insurance premium to small and marginal farmers on a 75:25 sharing basis. The Stte has provided an outlay of Rs.50 million as its share of premium subsidy under the Ninth Five Year Plan (1997 - 2002). The Central and State Government, General Insurance Corporation of India and the participating banks jointly implement this comprehensive crop insurance scheme. |
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