HDFC ERGO IMPLEMENTS PRADHAN MANTRI FASAL BIMA YOJANA FOR FARMERS IN RAJASTHAN FOR KHRAFI SEASON

hdfc-ergo-implements-pradhan-mantri-fasal-bima-yojana-for-farmers-in-rajasthan-for-khrafi-season

Jaipur, July,  2021.

 

HDFC ERGO General Insurance Company, India’s leading non-life insurance provider in the private sector, has been authorized by the Government of Rajasthan to implement the Pradhan Mantri Fasal Bima Yojana (PMFBY) for loanee and non-loanee farmers in the districts of Jaisalmer, Sikar and Tonk for the Kharif season of 2021.

 

The scheme will be implemented in the districts for the crops notified under the scheme by the Government of Rajasthan mentioned in the table below.

 

District

Crop

Sum Insured/Unit

(per/hectare)

Farmer Share

(in INR)

Cut-off date

JAISALMER

Bajra

3407.00

68.14

July 31st, 2021

Groundnut

84319.00

1686.38

July 31st, 2021

Guar

6040.00

120.80

July 31st, 2021

Moong

26083.00

521.66

July 31st, 2021

Moth

13466.00

269.32

July 31st, 2021

Til

18671.00

373.42

July 31st, 2021

SIKAR

Bajra

25935.00

518.70

July 31st, 2021

Cowpea

36391.00

727.82

July 31st, 2021

Groundnut

113762.00

2275.24

July 31st, 2021

Guar

29642.00

592.84

July 31st, 2021

Moong

44558.00

891.16

July 31st, 2021

Moth

19679.00

393.58

July 31st, 2021

TONK

Bajra

28781.00

575.62

July 31st, 2021

Urad

32260.00

645.20

July 31st, 2021

Groundnut

62326.00

1246.52

July 31st, 2021

Guar

31011.00

620.22

July 31st, 2021

Jwar

16015.00

320.30

July 31st, 2021

Maize

31907.00

638.14

July 31st, 2021

Moong

42460.00

849.20

July 31st, 2021

Til

24992.00

499.84

July 31st, 2021

 

PMFBY scheme insures farmers against any losses in crop yield arising out of a wide range of external risks such as draught, floods, dry spells, landslides, cyclones, hurricanes, pests, diseases and others. For the purpose of determining the loss in the yield, the State Government will plan and conduct Crop Cutting Experiments (CCEs) on the notified crops in areas notified for the scheme. In case the yield data, based on CCEs conducted, concludes to be low then the farmers will be considered to have suffered a shortfall in their yield for which the claims would be paid to the farmers.

 

The scheme provides insurance cover for all stages of the crop cycle including pre-sowing, harvesting and post-harvest risks. All the products under the PMFBY scheme are approved by the Department of Agriculture. Farmers from the districts of Jaisalmer, Sikar and Tonk can reach out to their respective banks, Common Service Centres (CSCs) in their district or contact the authorized HDFC ERGO agents to obtain the insurance cover under the PMFBY scheme for the crops listed above. The details of the validity period to obtain the insurance cover will be available for the farmers on the website of the Department of Agriculture. The cut-off date to obtain the cover under this scheme is July 31st, 2021.