Salient features
Introduced in:1999-2000 replacing the Comprehensive Crop Insurance Scheme which was in operation since 1985
Implementing Authority:General Insurance Corporation on behalf of Ministry of Agriculture
Beneficiaries:All farmers including sharecroppers and tenants
Covered crops:All
Objective: To insure every farmers against loss of food crops,To help stabilize farm incomes, particularly in disaster years,To encourage the farmers to adopt progressive farming practices, high value in-puts and higher technology in agriculture.
Special feature:50% subsidy on premium for small and marginal farmers.This subsidy is shared equally by Central and state/UT governments.The scheme has an area based approach. For loanee farmers it is compulsory while for non-loanee farmers it will be optional
Premium rates:2.5-3.5% during kharif and 1.5-2% during ravi seasons
Thursday, August 27, 2009
IAS OUR DREAM COMPLETED SEVEN YEARs ON AUGUST 13,2016
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- Indian Army inducts first indigenous T-90 tanks
- Shorts Notes
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- NATIONAL AGRICULTURAL INSURANCE SCHEME
- ROAD TO A RESPONSIBLE GOVERNMENT- History Notes
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- Supreme Court of India
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- Economic Terms
- National Savings Certificate (NSC)
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- 12th Finance Commission Recommendations
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- Fiscal Responsibility and Budget Management (FRBM
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- Fact Sheet : First In India (Female)
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- BANK JOBS
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- An Essay: Legalising Prostitution in India
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- CIVIL SERVICES BILL 2009
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