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Climate based Crop Insurance Scheme Kharif- 2020; Last Date to Avail the Benefit is July 31st

Aiswarya R Nair
Aiswarya R Nair

State Government Notification (GO (Rt) No.578 / 2020 / AGRI dated 25/06/2020) Climate Based Crop Insurance Scheme_Kharif-2020 Implemented by the Ministry of Agriculture and the State Department of Agriculture through Public Sector Agriculture Insurance Company 

Crops Covered: 

Rice, Banana, Squash, Pepper, Turmeric, Vegetables, Pomegranate, Beans, Squash, Pumpkin, Cucumber, Lady’s Finger, Green Chili 

The Central and State Governments subsidize a fixed percentage of the premium for each crop under the scheme. The rest of the number of premium payments to farmers would pay only the amount of government subsidies to the insurance premium: 

Paddy -  

Farmers 'Premium - Rs 1600 

Government Subsidy - Rs 21600 

Insurance Amount - Rs 80000 


Farmers' Premium - Rs 8750 

Government Subsidy - Rs 36522.50 

Insurance Amount - Rs 175000 


Farmer Premium - Rs 2500 

Government Subsidy - Rs 7115 

Insurance Amount - Rs 50000 


Farmer Premium - Rs 3000  

Government Subsidy - Rs 6600 

Insurance Amount - Rs 60000  


Vegetables (Flax, Pomegranate, Pulses, Pumpkin, Cucumber, Venda, Green Chilli)  

Farmers Premium - Rs 2000 

Government Subsidy - Rs 9600 

Insurance Amount - Rs 40,000 

Climate-based crop insurance covers personal insurance coverage for crop losses due to floods, landslides and strong winds (for banana and squash only). Compensation is determined based on the inspection report of the Joint Committee based on the age of the crop. Farmers must notify Krishi Bhavan or the insurance company directly or in writing within 72 hours of the loss. In addition, compensation based on weather data is available to farmers. 

The State Government has notified the adverse weather conditions for each crop in the scheme separately, the period for which it is recorded and the critical extent of the weather according to the crop, as per the term sheet. The government has notified each notified area and the specific indication weather. Compensation is based on the weather data recorded in these and the term sheet for each crop. 

Farmers can join the scheme by submitting their Aadhaar card, bank passbook, land tax receipt, lease agreement (if leased only) and premium amount directly through CSC / Akshaya Kendra or online ( www.pmfby.gov.in ). 

The last date for farmers to join the scheme is 31st July 

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