This kharif season, crop Insurance has been extended to more than 11.40 lakh hectare of farmland in the eight districts of the Marathwada region.
The Agriculture-notes-for-state-psc-exams”>Agriculture department officials said that Thursday was the last day for getting the insurance cover for this seasons . Farmers are, however, seeking an extension.
Close to 24 lakh farmers, comprising about 96% of the debt-free farmers, have applied under the Pradhan Mantri Fasal Bima Yojana (PMFBY) a central government=sponsored crop insurance scheme which offers cover to kharif crops like Cotton, tur, green gram, urad, maize etc.
Officials maintained that the assured sum of insurance compensation has been pegged at over Rs 4,600 crore against the premium of Rs 1,300 crore in the eight districts of the Marathwada region.