Chandigarh, Oct 29: Haryana government today decided to introduce national agriculture insurance scheme (NAIS) in the state to provide insurance cover and financial support to farmers in the event of failure of crops due to natural calamities, pests and diseases. A decision to this effect was taken by the state cabinet at its meeting here presided over by Chief Minister Om Parkash Chautala, an official spokesman said.
The state government would have to contribute about Rs eight crore per year for both Kharif and Rabi crops as its contribution towards premium subsidy, bank service charges, publicity and training, corpus fund, claim of food crops and oilseed crops.
The premium liability of the farmers for the crops, which are likely to be covered under the scheme would tentatively be Rs 254 per hectare for mustard, Rs 77 per hectare for bajra, Rs 76 per hectare for gram and Rs 160 per hectare for cotton.
The spokesman said the scheme, which is already being implemented in 21 states and two union territories, aims at encouraging farmers to adopt progressive farming practices, high value inputs and higher technology in agriculture.
It would also help in stabilising farm income, especially in times of disaster and help in maintaining flow of agricultural credit.
Bureau Report