Press Information Bureau
Government of India
Ministry of Agriculture & Farmers Welfare
16-December-2011 17:28 IST
Improvewments in Agriculture Insurance Scheme

Based on the experience gained during implementation of NAIS and suggestions of the State Governments, many improvements have been incorporated in NAIS to make it easier and more farmer friendly. The salient improvements are – (i) actuarial premium with subsidy in premium ranging up to 75% to farmers (ii) unit area of insurance reduced to village panchayat level for major crops (iii) coverage of prevented sowing/planting risk (iv) coverage of post harvest losses due to cyclone in coastal areas (v) on account payment up to 25% advance of likely claims as immediate relief (vi) more proficient basis for calculation of threshold yield (vii) minimum indemnity level of 70% instead of 60% etc. A new pilot scheme in the name of “Modified National Agricultural Insurance Scheme (MNAIS)” was approved by Government of India for implementation in 50 districts in the country from Rabi 2010-11.

This information was given by Shri Harish Rawat, Minister of State for Agriculture and Food Processing Industries in written reply to a question in the Rajya Sabha today.

MP:SB:CP: insurance (16.12.2011)