Crop Insurance Schemes for Compensation of Loss to Farmers
Four
crop insurance schemes are being implemented namely National
Agricultural Insurance Scheme (NAlS), Pilot Weather Based Crop Insurance
Scheme (WBCIS), Pilot Modified National Agricultural Insurance Scheme
(MNAIS) and Pilot Coconut Palm Insurance Scheme (CPIS). States have the
choice for notification of areas / crops under the schemes.
Schemes are implemented by Agriculture Insurance Company (AI C) and
private insurance companies according to provisions & guidelines
laid down in the schemes. Compensation of the loss is assessed under
NAIS and MNAIS based on yield data provided by implementing States and
under WBCIS based on weather data recorded by automatic weather stations
notified by implementing States. The extent of damage to the plant is
the basis of compensation of the loss under CPIS which is assessed by a
team of experts. Department of Agriculture & Cooperation, GOI,
regularly monitors and reviews compensation of the loss and payment to
farmers under each scheme.
This information was given by Shri Tariq Anwar, Minister of State for
Agriculture and Food Processing Industries in written reply to a
question in the Lok Sabha today.
MP: DS:CP: crop (4.12.2012)
(Release ID :89842)
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