Good News! Farmers will get Rs 40,000 under this scheme, know who can avail benefits?

New Delhi. Haryana government has decided to provide protection to the farmers growing horticulture crops under the ‘Mukhyamantri Horticulture Bima Yojana’. The decision in this regard was taken in a meeting of the Haryana Cabinet chaired by the state Chief Minister ML Khattar on Wednesday. An official statement said that the cabinet has approved the implementation of Mukhyamantri Horticulture Insurance Scheme (MBBY).

Financial assistance will be given on crop loss
The scheme is based on the assurance of compensation to the farmers growing horticulture crops for crop losses due to adverse weather and natural calamities. Horticulture farmers have to bear huge financial losses due to various reasons. They have to suffer due to calamities like disease in crops, untimely rains, storms, drought and rise in temperature.

These crops were included in the scheme
According to the statement, a total of 21 vegetable, fruit and spice crops will be covered under this scheme.

Also read: Good News! 12000 rupees will come in the account of farmers instead of 6000, but they will not get the benefit

40,000 insured
Under the insurance scheme, farmers will have to pay a nominal payment of Rs 750 for vegetable and spice crop and Rs 1,000 for fruit crop, in lieu of which they will be given insurance of Rs 30,000 and Rs 40,000 respectively.

This is how the insurance claim will be settled
Under the scheme, a survey will be conducted to settle the insurance claim, under which the crop loss will be assessed in four categories 25 percent, 50 percent, 75 and 100 percent. The scheme will be optional and will be applicable across the state.

You have to register like this
To adopt the scheme, farmers will have to register in Meri Fasal Mera Byora Portal giving details of their crop and area. Under the Pradhan Mantri Fasal Bima Yojana, seed capital of Rs 10 crore will be kept by the state government, state and district level committees for the scheme.

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Orignally published at Tailored Stash