This Article is From Jul 24, 2015

Centre to Come Up With Farmer Friendly Insurance

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New Delhi: The central government is planning to come up with a "more farmer friendly" crop insurance scheme in the next two months, an agriculture ministry official said today.

The proposed scheme was aimed at enhancing the insurance coverage in the agriculture sector and helping farmers in mitigating the loss to their crops from different reasons, the ministry's joint secretary Ashish Bhutani said.

"We are working on restructuring of present crop insurance schemes and likely to come up with a restructured crop insurance scheme in next two months and it will be more farmer friendly," the official told the media at an event organised by the PHD Chambers.

Minister of State for Agriculture Mohanbhai Kundariya, who was also present at the meeting, said there was a need to explore possibilities of exchange of ideas between the government and private insurance players to develop an effective, integrated and affordable insurance package for farmers.

The minister said: "The need of the hour is to make agriculture a risk-free activity by protecting farmers from financial and crop yield risks."
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