In a bid to compensate to loss of crop of the farmers due to Natural Calamity, Government is providing Agriculture Insurance facility to the farmers at very low premium. The deadline is July 31.
Keeping the interest of the farmers intact, this facility is providing under the Central Government’s scheme — NAIS (National Agriculture Insurance Scheme) and last date to pay premium (for buying insurance) is 31 July, said Manoj Kumar DC Bokaro.
This scheme will be able to provide minimum guarantee to the farmers in case of loss of their crops due to natural calamity, he said.
Under this scheme farmers have to pay only Rs172 per acre for paddy crop while Rs146 for maize crop and others. In case of 100 percent loss in paddy crop the framer will get Rs6847, Rs5810 for Maize crop and so on, DC informed.
Kumar urges farmers to protect their crop with NAIS, “in case of any loss it would be compensate according to the norms”, he added.
The objectives of NAIS are to provide insurance coverage and financial support to farmers in event of crop failure due to natural calamities, pests and diseases so as to restore credit worthiness for ensuing season. To encourage farmers to adopt progressive farming practices, high value inputs and advanced technology and to help stabilize farm income, particularly in disaster years, official said.
Food crops of Kharif season like aghani paddy and bhadai maize, crops of Rabi season like wheat, pulses, bengalgram (Chana), rapeseed, and mustard are covered under this scheme, he added.