Tuesday, June 25, 2013

Crop Give Protection From Disasters

Very few people know that natural disasters such as floods and droughts to give protection from many insurance plans now okays. weather whammy for delivering relief to the farmers, the Government has tried to provide insurance cover from 1985 had begun, but more risk of these plans were languishing soon launch (see table 1). Public company on Indian Agriculture Insurance Corporation crop insurance is the responsibility of the operations of private 2010 onwards. simple descended in crop insurance insurers. but their plans just not wings.

What is covered:-

Naturally, fall, fire storms, floods, drought, landslides, bugs etc in case it takes the loss of crops is granted per protective cover in the insurance sector many area. crop and how many time period i.e. boi for boi, both in the same way.

What is not covered:-

During the harvesting if the tractor, spark of fire due to 2.3.5 crop damage so insurance cover. If you did not follow the General rules of cultivation and not farming properly, he weathered the insurance cover damages caused by forgotten. the diseases can be found easily overcome if time does not measure the damage to crops is the cover.

Theft or deliberately administering the position or because of mutual ill will if someone is harmed crops of many insurance companies cover it does not provide damage taken by birds or animals. the insurance cover is not included in the moment came with 11 companies crop insurance plans. that can be raised by farmers benefit.

Premium rate:

The applied crop insurance scheme to determine the insurance companies premium allowed. premium rate by a total of 2 to 15 phisad even eshyord. much more premium on crops risk. but the plan of the Government premium subsidies of up to 40 to 75 phisad. premium equal in rachya the burden of Governments and the Central Government are divided.

Roughly equal to the cost of crop insurance cover, IE even eshyord. If eshyord is phisad then premium even 2 of not subsidizing farmers, but on top of that the Government subsidy on their behalf.