Gujarat Launches New Scheme To Compensate Farmers For Crop Loss
The new scheme - Mukhya Mantri Kisan Sahay Yojana - will replace the Pradhan Mantri Fasal Bima Yojana for this year only, Chief Minister Vijay Rupani announced. Gandhinagar: The Gujarat government on Monday launched a new scheme under which farmers facing crop losses due to drought, excess rain or unseasonal rain will get compensation without collection of any premium from them. The new scheme - Mukhya Mantri Kisan Sahay Yojana - will replace the Pradhan Mantri Fasal Bima Yojana (PMFBY) for this year only, Gujarat Chief Minister Vijay Rupani announced. Unlike the Centre's crop insurance scheme, farmers are not required to pay any premium under this new state government's scheme to get protection against natural risks like drought, excess or unseasonal rain this kharif season, Mr Rupani told reporters. "Only for this year, we are replacing PMFBY with the Mukhya Mantri Kisan Sahay Yojana because insurance firms have sought very high premium from us this time. If we approve ...