Kharif crops to be covered under National Agriculture Insurance Scheme in Himachal

Shimla/April 30
Kharif crops in hill state will be covered under the National Agricultural Insurance Scheme (Rashtriya Krishi Bima Yojna) during this season.
“Maize, Paddy, Potato and Ginger crops on pilot basis would be covered under the scheme with indemnity level at 80 percent of the average yield. The scheme would be on compulsory basis to the loanee farmers availing Seasonal Agricultural operation (SAO) loans from the Commercial Banks, Co-operative Banks, Regional Rural Banks and Primary Agricultural Co-operatives for the insured crops within the stipulated period besides the scheme for non-loanee farmers was optional. The Agriculture Insurance company of India would be the implementing agency for this scheme as decided by Indian Government,” said a government spokesperson.
He said that in case of loanee farmers, sum insured would be at least equal to the amount of loan advanced and where the amount of crop loan availed comes out to be more than either the value of threshold yield of 150 percent of average yield, normal premium rates would be applicable on the full amount of the loan availed, as the full amount of loan was to be compulsorily ensured.
“The small and marginal farmers were eligible for 50 percent government subsidy on the total premium to enhance the subsidy on premium of the insurable crops as decided by the state Government. The small and marginal farmers would require to pay only 50 percent of the total premium payable,” said the government spokesperson.
He said that Natural Fire, Lightning, Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Drought, Dry spells, Pets/Diseases etc. would be covered under the National Agricultural Insurance Scheme. The claims would be settled only on the basis of yield data furnished by the state government.
The cut of date for accepting the crop insurance proposals from non loanee farmers is July 31, 2013 and September13,2013, for loanee farmers, the government spokesperson added.