(a) whether the Government has received requests to introduce comprehensive crop
insurance scheme with a premium not exceeding 2% of the crop value; and
(b) if so, the reaction of the Government thereto?
(a) whether the Government has received requests to introduce comprehensive crop
insurance scheme with a premium not exceeding 2% of the crop value; and
(b) if so, the reaction of the Government thereto?
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI KANTI LAL BHURIA)
(a)&(b): No such request has come to notice. Flat rate of premium is applicable for food
and oilseed crops whereas actuarial rates are applicable for annual commercial/horticultural
crops with subsidy of 50% for small and marginal farmers to be phased out at sun-set basis.