Govt planning to re-launch farm income insurance scheme



 Photo: Govt planning to re-launch farm income insurance scheme
The government is planning to re-launch farm income insurance scheme to provide a guaranteed income to farmers. The scheme was launched on a pilot basis during NDA rule in 2003-04 in selected districts of the country. 
Agriculture Minister Radha Mohan Singh told reporters after assuming charge of his ministry that the scheme is intended to protect farmers' income by insuring minimum income. He said the minimum guaranteed income will be derived on the basis of average farm income. Singh said, the new government will also open more agriculture universities for research. 
The Agriculture minister said the government will also involve farmers in policy-making and its implementation. He said his ministry will also launch Prime Minister Rural Irrigation Scheme, to augment irrigation facilities. In reply to a question on controlling price rise, the Minister said, whenever NDA has been in power, it has kept the prices of essential commodities under check.
On the possible drought like conditions in the country due to prediction of below average rainfall, he said, states have been advised to make contingency plan and use 10 percent fund of Rashtriya Krishi Vikas Yojana to tackle the situation.

The government is planning to re-launch farm income insurance scheme to provide a guaranteed income to farmers. The scheme was launched on a pilot basis during NDA rule in 2003-04 in selected districts of the country.

Agriculture Minister Radha Mohan Singh told reporters after assuming charge of his ministry that the scheme is intended to protect farmers' income by insuring minimum income. He said the minimum guaranteed income will be derived on the basis of average farm income. Singh said, the new government will also open more agriculture universities for research.
The Agriculture minister said the government will also involve farmers in policy-making and its implementation. He said his ministry will also launch Prime Minister Rural Irrigation Scheme, to augment irrigation facilities. In reply to a question on controlling price rise, the Minister said, whenever NDA has been in power, it has kept the prices of essential commodities under check.
On the possible drought like conditions in the country due to prediction of below average rainfall, he said, states have been advised to make contingency plan and use 10 percent fund of Rashtriya Krishi Vikas Yojana to tackle the situation.

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