- Pashudhan Bima Scheme: Farmers will get money on their death from insurance of cattle and other cattle
- Different states have different insurance coverage and premium amount.
new Delhi. There are several schemes to get compensation from the government if the crops are damaged due to natural disaster. But the farmers had to suffer a lot when the cattle died. Because milch animals cost millions. In such a situation, the government has introduced the Livestock Insurance Scheme (Pashudhan Bima Yojana) to give relief to them. Under this, the government will give money to the farmer in case of accidental death of the animal.
These schemes are being implemented by the Central Government in 100 selected districts of the country. Central or state governments bear a major portion of the premium for animal insurance. Animal insurance premiums and coverage amount vary from state to state. In Uttar Pradesh, the premium amount for 50,000 insurance coverage on cow or buffalo varies from 400 to 1000 rupees depending on the breed of cattle.
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Insurance Rules In the
Livestock Insurance Scheme, insurance of indigenous / hybrid milch cattle and buffaloes is based on their present market value. The insurance premium is subsidized up to 50 percent. A farmer can avail the benefit of a maximum of two cattle. An animal is insured for a maximum period of 3 years.
How to apply
1. To apply under this scheme, farmers have to contact the veterinary hospital of their district.
2. Animal doctor and insurance company agent will go to the farmer’s house and check the health of the animal there. If the animal is healthy, a health certificate will be issued.
3. While insuring the animal, the tag is placed in the ear of the animal by the insurance company. So that it can be identified.
4. A photo is taken of the farmer with his animal. An insurance policy is issued thereafter.
