In spite of opposition from political parties and farmer organisations, around 6 lakh farmers in Haryana were provided insurance cover under the Pradhan Mantri Fasal Bima Yojana (PMFBY) up to August 5.The number of eligible loanee farmers was around 7.38 lakh for the current kharif season.
The cut-off date to pay the premium was July 31. It was extended to August 2 and further to August 10.
The government had awarded contracts to Reliance General Insurance, Bajaj Allianz General Insurance and ICICI Lombard to provide insurance cover to farmers this kharif season.
The state government has notified four crops cotton, paddy, bajra and maize.“Bankers were short on time to collect premium.
Nevertheless, about 6 lakh farmers were provided with insurance cover up to August 5, said Chief Secretary DS Dhesi while addressing bankers during a meeting of the State-Level Bankers Committee here today.
He appealed to bankers to take stock of the difficulties and initiate corrective measures to build confidence among farmers.
On the reason behind opposition from political parties and farmer organisations, a senior bank official said:According to a notification, the government was supposed to set up a help desk in every district headquarter to clear the doubts of farmers and create awareness.
A representative of an insurance company or an official from the Agriculture Department was supposed to be present at the help desk.
Noting of the sort happened, leading to unrest among farmers.As per the scheme, the sum assured for paddy has been fixed at Rs62,500 per hectare and, for cotton, it’s Rs60,000.
As for bajra and maize, the sum assured is Rs27,500 and Rs25,000, respectively.The sum assured per hectare is more under the PMFBY than the earlier Modified National Agriculture Insurance Scheme.
And as for the premium rate, it is less and uniform under the new scheme than the earlier one.
Under the PMFBY, the premium paid by farmers would be reduced to 2 per cent of the insured value for rain dependent kharif crop and 1.5 per cent for rabi crops compared with 3.5 to 8 per cent under the previous schemes.
Curated from 6 lakh farmers get insurance cover