Krishi VaartaKrishi Jaagran
10,000 crores will be released to farmers under the Prime Minister Crop Insurance Scheme!
Due to untimely rains and hailstorms in October and November, farmers have suffered losses in the crop. To compensate the farmers for this loss, the Modi government may issue a package of Rs 10,000 crore by the 20th of the month. Speculation was already being made about this. But now the government is creating a mood to give relief to the farmers during lockdown.
Under the Pradhan Mantri Crop Insurance Scheme, this amount of 10,000 crore will be transferred to the bank accounts of farmers through direct benefit. The government is putting pressure on insurance companies to release the amount of crop protection early. The government soon wants to compensate the farmers for crop losses because the government knows that the farmers are also facing problems due to the lockdown. Not only this, farmers are not able to harvest the rabi crop in time. According to the report of a private newspaper, a senior official of the Ministry of Agriculture has said that the calculation of the amount of crop insurance is now in the final stages. Soon we will provide relief to the farmers.
Source: Krishi Jagaran, 2 April 2020
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