(a) whether the Farm Income insurance Scheme has been launched by the
Government;
(b) if so, the details thereof and the present status of the scheme; and
(c) the measures taken by the Government to protect the income
of the farmers?
(a) whether the Farm Income insurance Scheme has been launched by the
Government;
(b) if so, the details thereof and the present status of the scheme; and
(c) the measures taken by the Government to protect the income
of the farmers?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) to (c): Farm Income Insurance Scheme was implemented by Agriculture
Insurance Company of India Limited (AICI) on a pilot basis in 13 states for
Wheat & Rice during Rabi 2003-04 and Kharif 2004, but thereafter the scheme
was withdrawn. The farmers` income is protected by several measures including
minimum support price, crops insurance, input subsidy besides others.