OTHER GROUP COMPANIES
market

Govt to announce new farm insurance scheme in 6 months

Radha Mohan Singh said that the finance ministry is considering recommendations made by a commission on the Minimum Support Price for various farm produce

June 24, 2014 10:50 IST | India Infoline News Service
Union Agriculture Minister Radha Mohan Singh said the central government would announce a new agriculture insurance scheme in about six months after taking advise from state governments and farmers organisations.

According to Singh, the present 'Krishi Bima Yojana' (agriculture insurance scheme) is not offering proper benefits. The minister has sent letters to all Chief Ministers, seeking their advice so that farmers get maximum benefit from the scheme.

Singh said that currently, the finance ministry is considering recommendations made by a commission on the Minimum Support Price (MSP) for various farm produce.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity