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Livestock Insurance Scheme in India provided "provide protection mechanism to the farmers and cattle rearers against any eventual loss of their animals due to death and to demonstrate the benefit of the insurance of livestock to the people and popularize it with the ultimate goal of attaining qualitative improvement in livestock and their products."
The Pradhan Mantri fasal bima yojana (PMFBY) launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields. [1] It was formulated in line with One Nation–One Scheme theme by replacing earlier two schemes Agricultural insurance in India#National Agriculture Insurance Scheme and Modified National Agricultural Insurance Scheme by incorporating ...
Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat.
The country is 5th largest producer of cereals which makes it 15th on our list of Top 25 Agricultural Producing Countries in the World. South Africa is also well-known for its quality exports of ...
AIC was designated by the Government of India as the sole “Implementing Agency” for its flagship Crop Insurance Program, “National Agricultural Insurance Scheme” (NAIS). From Kharif 2016, the Govt. has launched a new Crop Insurance Scheme – Pradhan Mantri Fasal Bima Yojna (PMFBY). AIC is the leading Implementing Agency of this Scheme.
In India a multiperil crop insurance called National Agriculture Insurance Scheme (NAIS) was implemented. This scheme is being implemented by Agriculture Insurance Company of India, an Indian government owned company. The scheme is compulsory for all farmers who take agricultural loans from any financial institution.
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(PMKSY, PM Agriculture Irrigation Scheme) CSS Multiple 2015 Agriculture Multi-pronged scheme focusing on improving agricultural productivity through irrigation support and better practices. In 2022 financial outlay is ₹ 10,954 crore (equivalent to ₹ 120 billion or US$1.4 billion in 2023). [7] Part of Rashtriya Krishi Vikas Yojna. PM Mudra ...