Features of the Krishi Amdani Bima Yojana
Some of the major crops that have been incorporated in this scheme are the following
- Oil Seeds:
Oil seeds include groundnut, Soybean, Safflower, Sesame as well as Niger, etc. - Food Crops:
The food crops are primarily inclusive of Wheat, Jowar, Maize, Cora, Green Gram, Black Gram, Red Gram, Gram, Moth, etc. - Annual Horticulture Crops:
Commercial Crops are inclusive of Potato, Turmeric, Banana and Pineapple, Coriander and methi, Cotton as well as Sugarcane. So as a result of this a large number of crops were made a part of the Krishi Amdani Bima Yojana Scheme.
Krishi Amdani Bima Yojana
The Krishi Amdani Bima Yojana is also known as the national agricultural insurance scheme, written commonly (NAIS). This scheme was sponsored by the government and it was implemented as a measure to provide crop insurance throughout the country. The scheme was developed keeping in mind the objective of providing financial assistance to the farmers. This came in the country since the Rabi crop act took place in the year 1999 to 2000. This act was developed as a part of risk management wherein in the failure of crops of the farmers they would be provided financial assurance, the crops may fail due to natural calamities or other natural disasters are sometimes being eaten away by the pests. They may get destroyed and disrupt the livelihood of the farmers. The agency behind the implementation of this scheme was Agriculture Insurance Company of India, also referred by AIC.
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