Agroinsurance

NEWS

India - Efforts on to improve crop insurance scheme

19.09.2014 244 views

Chief minister of Madhya Pradesh Shivraj Singh Chouhan said constant efforts are being made to improve crop insurance scheme in the interest of farmers. For this, dialogue is being held with Centre.

Chouhan was launching distribution of certificates for crop insurance claim amount in the state from Nasrullahganj in Sehore district on Thursday. As a token, he gave away certificates to 50 farmers. In Sehore district, certificates worth Rs 296 crore 50 lakh will be given to farmers.

For the first time in the history of Madhya Pradesh, crop insurance claim amount worth Rs 2,167 crore 43 lakh is being distributed to 14 lakh 20 thousand 602 farmers of 34 districts.

For the first time in the country, Madhya Pradesh government had distributed Rs 12 thousand 345 crore from its own resources to over 1.50 crore farmers for losses due to hailstorm and frost in year 2013-14, bonus on procurement and various subsidies. The amount was deposited directly in the bank accounts of majority of the farmers.

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

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