More than 24.65 lakh Indian farmers benefit from crop insurance in 2012-13

More than 24.65 lakh Indian farmers benefit from crop insurance in 2012-13

More than 24.65 lakh Indian farmers Benefit from crop insurance in 2012-13

Our bureau
New Delhi, Dec 7:

Under crop insurance schemes in 2012-13, more than 24 lakh farmers were benefited.

Maharashtra has highest number of more than 13 lakh farmers followed by Tamil Nadu and Karnataka with 6.9 lakh and 2.7 lakh farmers respectively, who benefited from such schemes.

An agriculture ministry statement on Friday said the efforts are made to create awareness about crop insurance schemes by the extension division of implementing States in coordination with the insurance companies.

The salient activities under awareness campaign, involve the publicity of features & benefits of the scheme through advertisements in media and through agriculture fairs, workshops, trainings and SMS through Kisan Portal etc.

Provided by Agriculture Insurance Company of India (AICI), a company mainly owned by four state-owned general insurance companies and Nabard, the scheme covers more than 35 perennial crops such as apple, citrus fruit, grapes, mango, pomegranate, cashew nut, oil palm etc.

Under the National Crop Insurance Scheme, which mainly covers yield losses. About 70% of these are accounted for by farmers who own less than four hectares.

For the national crop insurance scheme, companies provide coverage based on yield, for which historical yields of the crops concerned are taken into consideration while for weather-based insurance, the historical data of yield is not needed.

This information was given today by Minister of State for Agriculture and Food Processing Industries, Tariq Anwar in a written reply to Rajya Sabha questions.

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