Monday, 31 August 2020

AIC will insure crop in MP

Agriculture Insurance Company of India Limited will insure crops in Madhya Pradesh. The Shivraj government has fixed the Crop Insurance Company for the Kharif 2020 and Rabi 2020 - 21 seasons. Under the Prime Minister Crop Insurance Scheme, the government had floated tenders for the insurance of crops four times. Crop insurance will now be the responsibility of this insurance company in the entire state.

How many companies and tenders

The state government has set up an agency for crop insurance in 11 different clusters. Crops will be insured only under the approved premium rate. Quoting sources from the state government, it has been found that 4 times the tenders were withdrawn. Many insurance companies were involved in this. 8 insurance companies participated in the tender of the last bar. After that, the state government has assigned the responsibility of crop insurance to an insurance company Agriculture Insurance Company of India Limited across the state.

Premium deducted without insurance

Earlier this morning, the Congress accused the state government and asked the question why the insurance company has not been decided yet to insure the crop of the farmers. Why is the government tendering four times? Former assembly speaker NP Prajapati had alleged that even after the insurance company is not fixed, farmers have started deducting crop insurance premiums.

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