During the Rabi season, the Agriculture Department has expanded its coverage to include insurance for not only crops but also vegetables and fruits. This marks a significant development in Udaipur district, where after nearly 11 years, insurance for horticultural crops is once again being introduced. Farmers in the district now have the opportunity to secure insurance for their horticultural produce, a crucial aspect of agriculture. This move is likely to provide them with added protection and support against potential losses.
It is noteworthy that the reintroduction of horticultural crop insurance is a positive step toward comprehensive agricultural risk management. Interested individuals are reminded that the deadline for submitting applications is December 31. Farmers are encouraged to take advantage of this initiative to safeguard their agricultural investments.
Agricultural authorities have indicated that until 2012, crop insurance relied on weather-based models. Recently, there has been a revival of this initiative, and the Agriculture Insurance Company of India Limited has been designated as the insurance provider.
Under this renewed scheme, a variety of crops including brinjal, fennel, lemon, tomato, mango, and others will now be eligible for insurance coverage. Notably, the highest compensation for damages is set to be offered for tomato crops, reaching up to Rs 1.25 lakh per hectare. The premium amount for this is the highest, reaching Rs 6250/-. In contrast, fennel has the lowest premium at 3038 rupees, with compensation set at Rs 61,000/- per hectare.
Source: Dainik Bhaskar