Crop insurance mandatory for loanee farmers

ShivrajBhopal: The State cabinet here on Thursday cabinet decided to implement Prime Minister’s Crop Insurance Scheme from Kharif-2016. The scheme will be mandatory for loanee farmers and optional for non-loanee farmers. Five clusters have been prescribed by identifying low, medium and high risk districts. In the clusters, tenders will be invited from 11 crop insurance companies enlisted by Government of India for providing crop insurance amount of actual premium rate.
As farmers’ contribution, insurance companies …