Good news / Modi government is bringing special scheme for farmers, to get the benefit, get the registration done by this date
The government has announced the notification for insurance for kharif crops using Twitter. In its message, the agriculture department said that farmers should insure their crops for protection from natural calamities. If you want to avail the benefits of Pradhan Mantri Fasal Vima Yojana, it is necessary to notify the branches of the bank before 31st July 2020.
This is a special scheme of the Modi government
Register to take advantage of Pradhan Mantri Fasal Vima Yojana
Last date of registration is 31st July
The monsoon season has begun. With this, planting of kharif crop has also started. The government has notified Twitter for kharif crop insurance. In its message, the agriculture department said that farmers should insure their crops for protection against natural calamities. The process of getting insurance for Kharif 2020 has started in most of the states. Farmers wishing to avail the benefits of Pradhan Mantri Kharif Crop Insurance Scheme have to notify the bank branch by July 31, 2020.
For this started crop insurance scheme
Crop insurance is voluntary. To protect crops from natural calamities, the central government has launched the Pradhan Mantri Pak Vima Yojana. It was launched on January 13, 2016. The scheme is run by the Indian Agricultural Insurance Company.
This paper is required for insurance
If you are a farmer and want to insure your crop, some paperwork is required. You can use farmer's identity card such as PAN card, driving license, water ID card, passport and Aadhar card.
This is the premium to be paid
Under the PM crop insurance scheme, farmers have to pay a premium of 2 per cent for kharif crop and 1.5 per cent for rabi crop. The insurance scheme also provides insurance cover for commercial and horticultural crops. However, farmers have to pay a premium of 5 per cent.
Kisan credit card holders will be insured themselves
Farmers who have borrowed crops from Kisan Credit Card have their crops automatically covered by the insurance rule. However the farmer can insure the crop at his discretion. Crops can also be insured at public service centers.