Tuesday 5 April 2016

Agricultural insurance in INDIA(BHARAT)-1

Agricultural insurance in Bharat


Agricultural insurance in INDIA(BHARAT)

Agriculture in Bharat is extremely prone to risks like droughts and floods. it's necessary to shield the farmers from natural calamities and guarantee their credit eligibility for successive season. For this purpose, the govt. of Bharat introduced several agricultural schemes throughout the country.

Pradhan Mantri Fasal Bima Yojana

The Pradhan Mantri Fasal Bima Yojana (Prime Minister's Crop Insurance Scheme) was launched by Prime Minister of Bharat Narendra Modi on eighteen Gregorian calendar month 2016. It envisages an even premium of solely two per cent to be paid by farmers for Kharif crops, and 1.5 per cent for Rabi crops. The premium for annual business and husbandry crops are going to be five per cent. Prime Minister Narendra Modi has asked for integration of all land records with Aadhaar at the earliest, emphasising at his monthly PRAGATI (Pro-Active Governance And Timely Implementation) meeting on twenty three March 2016 that this is often very necessary to watch the sure-fire implementation of the Pradhan Mantri Fasal Bima Yojana or crop insurance theme

schemes

  • Comprehensive Crop Insurance Scheme(CCIS)
  • Experimental Crop Insurance
  • Farm financial gain Insurance theme
  • National Agriculture Insurance Scheme(NAIS)

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