Andhra Pradesh govt pays Rs 1,829 cr toward crop insurance

VIJAYAWADA: As many as 15.15 lakh farmers got Rs 1,829.23 crore as crop insurance in the state. Chief Minister Y.S. Jagan Mohan Reddy noted that the government has taken the responsibility of supporting the farmers at all hard times and thus brought in the free crop insurance scheme, without levying the burden of premium on them.

The CM on Tuesday credited Rs 1,820.23 crore under YSR Free Crop Insurance scheme to the bank accounts of 15.15 lakh farmers who lost their crop during the 2020 kharif.  He said that unlike the previous regime, under which forced a farmer was forced to pay his share and both state and central governments equally bore the premium amount to avail insurance, the YSRC government revamped the scheme and was paying the entire insurance premium on its own, ensuring that all the farmers who enrolled themselves on e-crop platform got their share of insurance directly with no middlemen.

 

The Chief Minister said that a total of Rs 3,788.25 crore was…

Exit mobile version