The district agriculture office has issued the insurance rates for various Kharif crops considering the experience of past 3-5 years about the risk levels and productivity. Insurance can be done by both farmers who have taken crop loan and those who have not.

While applying for insurance, farmer is given coverage assuming 60% loss. The premium amount per hectare of crops with this loss are Rs 602 for cotton, Rs 2756 for cotton, Rs 375 for paddy, Rs 468 for tur, Mung Rs 303, Urad 398, Jowar 295, groundnut Rs 833. This should be paid by the farmers before July 31 to the Banks.

The decision in this regard was taken at meeting organized specially for this purpose by the Joint Director of Agriculture (JDA) Vijay Ghawate. The district superintending agriculture officer Archana Kadu, deputy director Ravindra Manohare and sub-divisional agriculture officer Vijay Nimje and P Dhakle were present.

Last year, under national crop insurance scheme 13,655 farmers had applied and 7303 benefited from it. The money collected from insurance last year was Rs 92.76 lakh while Rs 291.91 lakh was disbursed as claims.

Source - http://timesofindia.indiatimes.com/