The correct answer is: C. 1999
The National Agricultural Insurance Scheme (NAIS) was introduced in 1999 to replace the Comprehensive Crop Insurance Scheme (CCIS). The NAIS is a government-sponsored program that provides insurance to farmers against losses due to natural disasters. The program is administered by the Ministry of Agriculture and Farmers Welfare.
The NAIS is a voluntary program, but farmers are encouraged to participate. The program offers a variety of insurance products, including crop insurance, livestock insurance, and hail insurance. The premiums for NAIS insurance are subsidized by the government.
The NAIS has been successful in providing financial assistance to farmers who have suffered losses due to natural disasters. The program has also helped to reduce the risk of farmers going bankrupt.
The NAIS is not without its critics. Some critics argue that the program is too expensive and that the subsidies are not well-targeted. Others argue that the program is not effective in reducing the risk of crop losses.
Despite these criticisms, the NAIS remains an important program for Indian farmers. The program provides much-needed financial assistance to farmers who have suffered losses due to natural disasters. The program also helps to reduce the risk of farmers going bankrupt.
The following are the options for the question:
- A. 1997
- B. 1998
- C. 1999
- D. 2000
Option A is incorrect because the NAIS was introduced in 1999, not 1997.
Option B is incorrect because the NAIS was introduced in 1999, not 1998.
Option C is correct because the NAIS was introduced in 1999.
Option D is incorrect because the NAIS was introduced in 1999, not 2000.