India - Farmers to get Rs 4,414 cr crop insurance claim in Bhopal
18.11.2016 301 views
A fund of Rs 4,414 crore received under national crop insurance scheme for 20.45 lakh farmers, who were affected due to drought in Kharif season-2016, will be adjusted in their bank accounts. Chief minister Shivraj Singh Chouhan said it is first time since independence, when any state has received such a big corpus of fund under the scheme.
Chouhan said national agricultural insurance scheme was successfully implemented by the state government to compensate the damage caused to farmers due to drought. The said insured amount would be given to 20,45,794 farmers. Rs 2027 crore were given as centre’s share while Rs 2027 crore were state’s share. Due to instant action by the state and the centre, the farmers are able to avail this benefit.
Source - http://www.freepressjournal.in
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