Question : NEW INDIA INSURANCE COMPANY



(a) whether New India Insurance Company has paid the sum insured under crop insurance scheme to the flood affected farmers during 2008-09 including the farmers of Uttar Pradesh;

(b) if so, the details thereof;

(c) if not, the reasons therefor; and

(d) the steps taken by the Government in this regard?

Answer given by the minister


Minister of State in the Ministry of Finance(Shri Namo Narain Meena)

(a) to (d):- The New India Assurance Company Ltd. does not provide any coverage for Crop Insurance. However, Agriculture Insurance Company Ltd. (AICL) is implementing the National Agricultural Insurance Scheme (NAIS) and under this scheme, an amount of Rs. 597.97 lakh has already been disbursed in 14 flood affected districts of Uttar Pradesh for Kharif - 08 season during 2008-09.