Crop insurance News
Irdai, in a circular, said there is a need for effective implementation of crop insurance schemes.
Odisha Chief Minister Naveen Patnaik on Wednesday said 11.61 lakh farmers across the state will get Rs 1,776 crore in crop insurance for Kharif season of 2015.
The Centre is making a concerted push to create awareness among farmers about the Pradhan Mantri Fasal Beema Yojan (PMFBY) at 583 Krishi Vigyan Kendras (KVKs).
Terming agriculture as "absolutely critical to the country`s economy," union Finance Minister Arun Jaitley on Tuesday launched the "Pradhan Mantri Fasal Bima Yojana" and "Unified Package Insurance Scheme".
Noticing discrepancies in crop loan interest subvention claims in Odisha, Comptroller and Auditor General (CAG) said Odisha State Cooperative Bank failed to adhere to the guidelines and claimed excess interest subvention of Rs 263.55 crore
Prime Minister Narendra Modi is scheduled to meet top officials of all banks and insurance companies this week in Mumbai to discuss the implementation of Pradhan Mantri Fasal Beema Yojana.
Prime Minister Narendra Modi arrived here on Thursday on a day-long visit during which spoke at a farmers` rally.
Terming the union Cabinet's approval of Prime Minister's Crop Insurance scheme as historic, Jharkhand Chief Minister Raghubar Das Wednesday said it is the "best ever" scheme for farmers.
Prime Minister Narendra Modi described the scheme wherein the Centre will provide Rs 8,800 crore annually to make up for almost all of the premium for the crop insured, as a move "that will transform the lives of the farmers in a big way".
The government on Thursday launched a free SMS service called 'Nowcast' to provide alerts on extreme weather conditions like hailstorm every three hours to over one crore registered farmers on their mobile phones.
The government will launch a new crop insurance scheme with a clause guaranteeing minimum income to cultivators in case of a natural calamity, Agriculture Minister Radha Mohan Singh on Tuesday said.
The Centre is examining the issue of rising premiums under the existing crop insurance programme, Union Agriculture Minister Radha Mohan Singh said on Tuesday.
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