YSR Free Crop Insurance’ Scheme

Question: Recently Chief Minister of which of the following state has launched YSR free Crop insurance Scheme?
a) Uttar Pradesh
b) Rajasthan
c) Andhra Pradesh
d) Karnataka
Answer: (c)
Related Facts:-

  • On 15 December 2020; Andhra Pradesh Chief Minister YS Jagan Mohan Reddy launched ‘YSR Free Crop Insurance’ scheme for the farmers of the state.
  • Under the provisions of this scheme Rs 1,252 crore credited directly into the bank accounts of 9.48 lakh farmers, who have lost their crops during Kharif 2019.
  • Mr. Jagan informed that his government has taken the responsibility of supporting the farmers in the hard times.
  • He said that the State government thus brought in the free crop insurance scheme, without putting any burden of premium on them.
  • During the previous government, for availing the insurance scheme, the farmers have to pay their share, while both State and Central governments used to pay their share.
  • It has been found that neither the State nor the Centre used to pursue the insurance claims, resulting in farmers either receiving the insurance amount after a very long time or ending up losing the insurance.
  • In order to resolve this, the Andhra government has taken up the issue to benefit farmers and processed the claims in a fast-track mode besides paying the entire premium on behalf of the farmers.
  • In the previous government, farmers were reluctant to pay heavy premiums.
  • in three years during 2016-19, , the previous government had spent an average Rs 393 crore per annum towards insurance premium, while the farmers paid about Rs 290 crore per annum.
  • CM said that only about 20 lakh farmers were enrolled for the insurance scheme during the previous TDP regime,
  • Reddy said that in our government about 49.80 lakh farmers have been brought under the insurance cover.
  • It has also been informed by the Andhra CM that the State Government also took the responsibility of paying Rs 971 crore towards premium during 2019-20.
  • According to CM in 2016-17, only 17.79 lakh farmers had insurance cover and during 2017-18, it became 18.22 lakh farmers and in 2018-19, 24.83 lakh.
  • He said in our government, during 2019-20, about 49.80 lakh farmers were brought under insurance coverage.

By – Rajesh Tripathi

Links:-
https://www.thehindubusinessline.com/economy/agri-business/andhra-pradesh-rolls-out-free-crop-insurance-scheme/article33338726.ece
https://www.thehindubusinessline.com/economy/agri-business/andhra-pradesh-rolls-out-free-crop-insurance-scheme/article33338726.ece