Assistance will be paid on SDRF basis to farmers

Assistance will be paid on the SDRF basis to farmers: the Gujarat government launched a new scheme on Monday. Under this, farmers suffering crop loss due to drought, excessive rainfall or unseasonal rain, will get compensation without paying a premium. Gujarat Chief Minister Vijay Rupani announced here that the new scheme ‘Mukhyamantri Kisan Sahay Yojana’ will replace the Pradhan Mantri Awas Bima Yojana (PMFBY) for this year only.Kutumb Sahay yojna full detail.

Rupani told reporters that unlike the Centre’s Crop Insurance Scheme, farmers faced natural risks such as drought, excess or unseasonal rains in this Kharif season.

Assistance will be paid on SDRF basis to farmers

Rupani said, “Only for this year, we are replacing the PMFBY with the Chief Minister Kisan Sahay Yojana, because the insurance companies have demanded a much higher premium from us this time. If we approve their tender, the state government will have to pay Rs 4,500 crore as their share. “He said that the amount demanded by insurance companies this year is more than the premium of about Rs 1,800 crore on average.

 

The Chief Minister of Gujarat said, “Thus, we have decided not to accept the tender for this year and start this scheme.” Neither the state nor the farmers will have to pay any premium this year. In PMFBY, only those farmers get protection cover, but on the contrary, our scheme will provide security cover to all the farmers for the crops without any premium payment. ”

He said that a farmer is eligible for compensation of a maximum of four hectares of land. He said that for the loss of crop between 33 percent and 66 percent, a farmer will get compensation of Rs 20,000 per hectare for a maximum of four hectares. He said that for a crop loss of more than 60 percent, a farmer will get Rs 25,000 per hectare for a maximum of four hectares. Rupani clarified that in addition to the compensation paid under the scheme, the farmers were involved in the case of crop loss due to natural calamities ..

According to Rupani, farmers are not required to pay any premium under this new scheme of the state government to get protection from natural risks like drought, excess or unseasonal rains in this kharif season, apart from the Central Crop Insurance Scheme. For this year only, we are replacing PMFBY with Mukhyamantri Kisan Sahay Yojana as insurance companies have demanded a much higher premium from us this time. If we accept their tender, then the state government will have to pay Rs 4,500 crore as its share.

He said that this year the amount demanded by insurance companies is more than the average premium of about Rs 1,800 crore. Thus, we have decided not to accept the tender for this year and start this scheme. Neither the state nor the farmers will have to pay any premium this year. In PMFBY only safety cover is provided to those farmers who pay the premium, but on the contrary our scheme will provide security cover to all the farmers for crops without paying any premium.