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Monday, August 27, 2012

Haryana govt. to launch weather based crop insurance

In view to neutralize farmers’ risk, the Haryana government has launched Weather Based Crop Insurance Scheme (WBCIS) as a pilot project in 18 blocks of 17 districts during the year 2012-13. The scheme will cover Kharif as well as Rabi crops like wheat, paddy, bajra and cotton.

The Weather Based Crop Insurance Scheme has been launched for paddy crop during Kharif 2012-13 in blocks of Ambala-II, Gohana, Bilaspur, Palwal, Babain, Beri, Barwala, Tohana and Jakhal, Sirsa, Madlouda, Narnaund and Ballabgarh and for cotton crop, the scheme had been launched in Bawanikhera block of district Bhiwani. Whereas; for bajra crop, the scheme has been implemented in blocks of Mahendergarh, Bawal, Taoru and Farukhnagar.

To get the benefits of insurance cover, the farmers will have to pay Rs 300, Rs 297.50 and Rs 600 per acre for paddy, bajra and cotton crops respectively as premium under the scheme and the rest of the amount of the premium that is Rs 450, Rs 276.25 and Rs 300 for paddy, bajra and cotton crops respectively would be shared equally by the state and the central government.

The scheme was being implemented by Agriculture Insurance Company of India Limited and other private companies approved by Government of India. A amount of Rs 13.18 crore were paid to 19,157 affected farmers, with an average of Rs 6882 per farmer during Rabi 2009-10 to Kharif 2011-12.
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