The government is expanding its National Crop Insurance Programme to cover three other food crops other than maize. In the programme, the government pay 50 per cent premium support for farmers who have procured the insurance cover from 0.5 acres to 20 acres maximum. “The programme managed to reach 1.35 million farmers by December last year. Farmers with over 20 acres will enjoy the subsidy for the first 20 acres but pay the full premium for the remaining acreage. Other factors are low access to credit and essential inputs, inadequate value addition and markets infrastructure and high vulnerability to agricultural risks and hazards.

Source: The Star May 06, 2021 02:03 UTC