Non-loanee farmers warm up to crop cover in some States

This kharif time, nevertheless quite a few States have opted out of the revamped PMFBY, some like Rajasthan, Tamil Nadu, Assam and Karnataka have seen an boost in farmers using protect beneath the flagship scheme.

Interestingly, the variety of non-loanee farmers using protect beneath PMFBY, which has been produced voluntary from this kharif time, has risen in Tamil Nadu, Assam, Rajasthan and Haryana.


Vagaries of mother nature

The anxiety of crop loss thanks to components this sort of as flooding and pest assaults and better settlement ratio in the earlier a long time could have been the motorists for the increase in non-loanee enrolments in these States, sources stated. Whilst crops are largely inclined to floods in Assam, Tamil Nadu experienced witnessed flooding in a number of districts past 12 months. Rajasthan has seen desert locust assaults early into the time from April this 12 months.


Officers at the TN Agriculture Division stated the recognition campaigns along with mass media support and use of mobile vans in remote locations have helped in escalating the protect among the non-loanee farmers enrolments.

As Gujarat, Telangana, Andhra Pradesh, Jharkhand have pulled out of PMFBY, overall apps throughout the place ended up down by twelve for each cent at 336 lakh. In Maharashtra, overall enrolments and space coated ended up down by shut to seventeen for each cent every single, when drop in non-loanee applicants was marginal. Other States this sort of as UP, Haryana, Chhattisgarh and Odisha have seen dip in enrolments.

Fear of crop loss thanks to climatic vagaries is the major threat that farmers throughout the place experience as the weather conditions sample is increasingly getting to be erratic in recent a long time. Shut to fifty a long time soon after the initial crop insurance policy scheme was introduced in the place, the protect for crops still stays elusive for a significant segment of farmers. There is an escalating need to have currently being felt to protect their threats and consider a re-appear at the present schemes to widen the ambit to also involve the perennial crops.

“Crop insurance policy schemes, particularly PMFBY, have done a wonderful career bringing insurance policy resolution to the farmers who have historically endured from vagaries of mother nature,” stated G Srinivasan, Director, Countrywide Insurance Academy.

“We need to have to produce good recognition about the scheme to the farmers. Whole lot of misgivings are largely thanks to farmers not knowing the crop insurance policy schemes. It is also necessary that statements need to have to be settled promptly and relatively. This will go a extended way in escalating self-confidence of farmers,” Srinivasan stated.

Fiscal considerations

Into its fifth 12 months, the PMFBY is getting rid of its sheen thanks to a host of components this sort of as delayed settlement and States opting out.

“To make the crop insurance policy extra interesting, the top quality charged must be incredibly nominal,” states A Narayanamoorthy, former CACP member. “To avoid the recent scenario, wherein States are pulling out of the scheme thanks to fiscal considerations, the Centre must bear better prices of implementing this sort of as scheme,” he adds.

Other schemes

Apart from PMFBY, the Weather Centered Crop Insurance Plan (WBCIS), which largely handles horticulture and hard cash crops, and the Coconut Palm Insurance Plan have not been capable to appeal to the farmers’ pursuits.

“Crop insurance policy has not been taken very seriously all these a long time and that’s the cause we have this sort of a minimal coverage,” stated Devinder Sharma, agri plan expert. The present schemes, which have not uncovered a favour with farmers, must be scrapped and a new one must be developed so that every single and just about every farmer in the place is coated beneath the crop insurance policy, he stated.

As the Centre spends massive volume as top quality subsidy, the new schemes must be led and implemented by the general public sector companies, which have a presence on the ground and also produce new employment, he stated.

Starting off now, BusinessLine will convey a sequence of studies on crop insurance policy.

With inputs from TE Rajasimhan in Chennai and Radheshyam Jadhav in Pune