Insurance

Crop Insurance Scheme National Agricultural Insurance Scheme (NAIS) or Rashtriya Krishi Bima Yojana (RKBY) Model form of National Agricultural Insurance Scheme (NAIS) Declaration Form - Loanee Farmers Proposal Form for Loanee and Non-Loanee Farmers Registers/ Statements showing details of Crop insurance under NAIS Working example of sum Insured and Premium Guidelines to Financial Institutions Flow chart HORTICULTURE / PLANTATION (INPUT) POLICY

Crop Insurance Scheme

Old Scheme (Comprehensive Crop Insurance Scheme-CCIS)

The scheme operated from 1985 to 1999.

CROPS NOTIFIED:

4 crops for kharif - 10 crops for Rabi commercial crops (like cotton) and horticultural crops(like sugarcane) are not covered

FARMERS COVERED:

Only farmers availing bank loans to raise any of the notified crops(loanee farmers)

LIMIT OF SUM INSURED:

100% of crop loan availed subject to a maximum of Rs 10,000/- per farmer per season (all crops Put together)

INSURANCE PREMIUM:

2% of Sum Insured for cereals and millets 1% of Sum Insured for oilseeds and pulse crops

COMPENSATION:

compensation /insurance claim on loss of yield is calculated as below

Threshold Yield - Actual Yield * Sum Insured

Threshold Yield

Threshold Yield is the average yield of crop in the insurance unit based on past yield data of 3 years for Rice and 5 years data for other crops and multiplied by certain percentage(Level of Indemnity) fixed by the insurance agency .

eg., for Paddy crop-in an insurance unit

The last three years average yields are 1900,2000&2100 kgs/ha-respectively

The Indemnity percentage for rice is 80%(fixed by the Insurance agency)

The Threshold yield for this year will be., (1900 +2000+2100)/3 *80%=1600 kgs

Actual Yield :

Average yield for the insurance unit is estimated on the basis of crop cutting experiments conducted by the government(Directorate of Economics and Statics in association with Department of Agriculture) in that insurance unit.

Compensation payable ,if any, is directly credited to farmer's loan account in the bank.

CROP INSURANCE UTILISATION:

Crop wise utilisation of the insurance scheme

Paddy -- 82.5%

Ground Nut -- 15.19%

All other crops -- 2.31%

CROP-WISE PREMIUM COLLECTED AND CLAIMS PAID: from 1985-1998

crop Premium (Rs. Lacs) Claims (Rs.Lacs) Claims Ratio

Paddy

6898.00

22468.83

325.73

Ground Nut

1270.00

11935.44

939.80

Other Crops

193.00

799.73

414.37

Total

8361.00

35204.00

421.05


New Crop Insurance Scheme (NAIS/RKBY) (National Agricultural Insurance Scheme / Rashtriya Krishi Bhima Yojana)

The scheme is implemented from Kharif 2000.

Crops Covered

a) Food crops (Cereals, Millets & Pulses) b) Oilseeds c) Sugarcane, Cotton & Potato (Annual Commercial / annual Horticultural crops)

Farmers Covered

a) Loanee farmers - compulsory basis. b) Non loanee farmers - voluntary basis

Risks Covered

Insurance is provided to cover yield loss due to 'non preventable risks' like Natural fire,Lightning,Cyclone,Flood,Drought,Dry spell,Pests&diseases.

'Preventable risks' like war, nuclear risk,malicious damage are excluded.

Limit of Sum Insured

a. upto the value of threshold yield

b. beyond the value of threshold yield level upto 150% of average yield of the notified area.

Premium Rates

S.No Crops Premium rate for Loanee & Non-Loanee Farmers
Upto Value of TY (i.e. Normal Rates) Beyond Value of TY to 150% value of AY (i.e. Actuarial Rates)
1 Bajra & Oilseeds 3.5% of SI or Actuarial rate, whichever is less Actuarial rates
2 Cereals, Other millets & Pulses 2.5% of SI or Actuarial rate, whichever is less Actuarial rates
3 Annual Commercial / Horticultural crops Actuarial rates Actuarial rates
Important: In case of Loanee farmers full amount of loan is eligible for normal rates irrespective of the value of TY and/or AY.

OPTION FOR HIGER SUM INSURED

  • Sum Insured is worked out by multiplying the threshold yield of the crop with Minimum Support Price (MSP) or the market price (where MSP is not available) in respect of previous year.
  • A farmer is eligible to cover upto the value of threshold yield of the crop at a given premium rate.
  • Additionally, a farmer may extend the sum insured upto 150% of the value of the average yield of the crop on payment of premium at commercial (actuarial) rate for the part of the sum insured exceeding value of threshold yield.

PREMIUM SUBSIDY:

50% subsidy in premium is allowed for small and marginal farmers.

UNIT OF INSURANCE:

Unit area of insurance may be a Gram Panchayat, Mandal, Hobli, Circle, Phirka, Block, Taluka etc. to be decided by the State.It varies from crop to crop and from area to area.

eg., in East Godavari - for Paddy-a mandal may be a unit for G.Nut-a group of mandals may be a unit in Ananthapur - for Paddy- a group of mandals may be a unit for G.Nut- a mandal may be a unit

SEASONALITY DISCIPLINE (SUBMISSION OF DECLARATION BANKS):

Loanee farmers :

  • Banks will send to IA every month consolidated Crop Insurance Declarations in respect of loan disbursed to the loanee farmers for each crop and each Defined Area.
  • The details of SAO loans disbursed for insurable crops during a month will be declared to IA in the form of consolidated Declarations before end of the succeeding month.
  • The detailed monthly cut-off dates in respect of such declarations will be :
Kharif Season Rabi Season
Month of Loaning Cut-Off date for Receipt of declarations by IA Month of Loaning Cut-Off date for Receipt of declarations by IA
April 31st may october 30th november
May 30th june november 31st december
June 31st july december 31st january
July 31st august january 28th/29th february
August 30th september february 31st march
September 31st october march 30th april
FINAL 30th NOVEMBER FINAL 31st MAY
  • Those loanee farmers who would like to avail a sum insured of more than the amount of loan availed shall indicate their choice to the Financial Institutions at the beginning of the season and for these farmers, the cut-off dates shall be those applicable for Non-loanee farmers.

Non-Loanee farmers:

  • The broad Cut-Off dates for receipt of Proposals by the Banks / IA, in respect of these farmers will be as under:

a. Kharif season : 31st July

b. Rabi season : 31st December

  • In respect of these farmers, the last date of receipt of the consolidated Proposals at IA, shall be one month after the last date for receipt of Proposals at the Nodal Branch.
  • However, within these broad parameters suggested above for all categories of farmers the seasonality discipline may be modified in consultation with State / UT Govt. and Govt. of India, depending on local conditions and crop season.

ESTIMATION OF CROP YIELD :

  • The State/UT Govt. will plan and conduct the requisite number of Crop Cutting Experiments (CCEs) for all notified crops in the notified insurance units in order to assess the crop yield.
  • The State / UT Govt. will maintain single series of Crop Cutting Experiments (CCEs) and resultant Yield estimates, both for Crop Production estimates and Crop Insurance.
  • Crop Cutting Experiments (CCEs) shall be undertaken per unit area /per crop, on a sliding scale, as indicated below :
Sl.No. Unit Area Minimum number of C.C.E.s required to be done
1. Taluka / Tehsil / Block 16
2. Mandal / Phirka / any other smaller unit area comprising 8-10 villages 10
3. Gram Panchayat comprising 4-5 villages 08
  • A Technical Advisory Committee (T.A.C.) comprising representatives from N.S.S.O., Ministry of Agriculture (G.O.I.) and IA shall be constituted to decide the sample size of CCEs and all other technical matters.

LOSS ASSESSMENT IN CASE OF LOCALISED CALAMITIES:

Loss assessment of localised risks, viz. hailstorm, landslide, cyclone and floods on individual basis shall be experimented in two districts and shall be extended to other areas in the light of operational experience gained.

LEVELS OF INDEMNITY & THRESHOLD YIELD :

  • Three levels of Indemnity, viz., 90%, 80% & 60% corresponding to Low Risk, Medium Risk & High Risk areas shall be available for all crops (cereals, millets, pulses & oilseeds and annual commercial / annual horticultural crops) based on Coefficient of Variation (C.V) in yield of past 10 years’ data. However, the insured farmers of unit area may opt for higher level of indemnity on payment of additional premium based on actuarial rates.
  • The Threshold yield (TY) or Guaranteed yield for a crop in an Insurance Unit shall be the moving average based on past three years average yield in case of Rice & Wheat and five years average yield in case of Other crops, multiplied by the level of indemnity.

NATURE OF COVERAGE AND INDEMNITY :

If the ‘Actual Yield’ (AY) per hectare of the insured crop for the defined area [on the basis of requisite number of Crop Cutting Experiments (CCEs)] in the insured season, falls short of the specified ‘Threshold Yield’ (TY), all the insured farmers growing that crop in the defined area are deemed to have suffered shortfall in their yield. The Scheme seeks to provide coverage against such contingency.

‘Indemnity’ shall be calculated as per the following formula :

( Shortfall in Yield / Threshold yield ) X Sum Insured for the farmer

{Shortfall in Yield = ‘Threshold Yield - Actual Yield' for the Defined Area}.

EXAMPLE FOR CALCULATION OF CLAIMS (eg. for paddy)

Last 3 years average yield =2000 kgs/ha

Level of indemnity (for paddy) =80%

Threshold yield for this year as per I.A =(2000)80%= 1600 kgs

Actual yield (for that insurance unit calculated by govt. through crop cutting experiments) =1200 kgs

Shortfall in yield (Threshold yield-Actual yield) =1600-1200 = 400 kgs

Claim percentage = ( shortfall / Threshold yield) 100 =(400/1600)Sum Insured = 25% of S.I

INDEMNITY IN CASE OF LOCALISED RISKS:

  • Loss assessment and modified indemnity procedures in case of occurrence of localised perils, such as hailstorm, landslide, cyclone and flood where settlement of claims will be on individual basis, shall be formulated by IA in coordination with State / UT. Govt.
  • The loss assessment of localised risks on individual basis will be experimented in limited areas, initially and shall be extended in the light of operational experience gained. The District Revenue administration will assist IA in assessing the extent of loss.

PROCEDURE for APPROVAL & Settlement of claims :

  • Once the Yield Data is received from the State/UT Govt. as per the prescribed cut-off dates, claims will be worked out and settled by IA.
  • The claim cheques along with claim particulars will be released to the individual Nodal Banks. The Banks at the grass root level, in turn, shall credit the accounts of the individual farmers and display the particulars of beneficiaries on their notice board.
  • In the context of localised phenomenon, viz., hailstorm, landslide, cyclone and flood, the IA shall evolve a procedure to estimate such losses at individual farmer level in consultation with DAC/ State / UT. Settlement of such claims will be on individual basis between IA and insured

MANAGEMENT OF THE SCHEME, MONITORING AND REVIEW

  • In respect of Loanee farmers, the Banks shall play the same role as under CCIS.
  • In respect of non-Loanee farmers, Banks shall collect the premium along with the Declarations and send it to IA within the prescribed time limits. However, in areas where IA has requisite infrastructure, a non-loanee farmer will have option to send premium along with Declaration, directly to IA within the time limits.
  • The Scheme will be implemented in accordance with the operational modalities as worked out by IA in consultation with Dept. of Agriculture & Co-operation.
  • During each crop season, the agricultural situation will be closely monitored in the implementing States / Union Territories. The State / UT Department of Agriculture and district administration shall set up a District Level Monitoring Committee (DLMC), who will provide fortnightly reports of Agricultural situation with details of area sown, seasonal weather conditions, pest incidence, stage of crop failure {if any} etc.
  • The operation of the Scheme will be reviewed annually, and modifications as may be required would be introduced. Periodic Appraisal Reports on the Scheme would be prepared by Ministry of Agriculture, the Government of India / Implementing Agency.

Working example os sume Insured and Premium

Sum Insured Limits & Premium Rates for Paddy / Rice :

State Threshold Yield

1930 kgs/hec

State Average Yield

2412 Kgs/hec

Min. Support Price of Rice

Rs. 7.35 / Kg

Value of Threshold Yield – Rs. 14200 / hec Value of Actual Yield - Rs. 26600 / hec
Normal (Flat) Premium Rate - 2.5% Actuarial Premium Rate - 3.55%

Sum Insured and Premium Table: Farmer "A" (Loanee) Farmer "B" (Non-loanee)
a. Compulsory Coverage Loan Amount Rs. 12000 Nil
Full Premium @ 2.5% Rs. 300.00 Nil
Subsidy 50% of full premium Rs. 150.00 Nil
Net Premium Rs. 150.00 Nil
b. Optional Coverage - upto value of Threshold Yield Full premium from 12000 to 14200 = 2200 @ 2.5% (for Loanee Farmer) Rs. 55.00  
Normal coverage for Non-Loanee farmer   Rs. 355.00
Subsidy 50% of full premium Rs. 27.50 Rs. 177.50
Net Premium Rs. 27.50 Rs. 177.50
c. Optional Coverage - upto 150% of value of Average Yield Full Premium from 14200 to 26600 = 12400 @ 3.55% Rs. 440.20 Rs. 440.20
Subsidy 50% of full premium Rs. 220.10 Rs. 220.10
Net Premium Rs. 220.10 Rs. 220.10
Total Net premium ( a + b + c ) Rs. 397.60 Rs. 397.60

Example : Farmer ''A" a Loanee farmer and farmer "B" a non-loanee farmer each own 1 hectare under "Paddy / Rice" cultivation. (Being Small and Marginal Farmers they are eligible for 50% subsidy in premium).

  Farmer "A" (Loanee) Farmer "B" (Non-loanee)
Amount of Loan Rs. 15,000 Nil
Amount of Coverage Rs. 20,000 Rs.16,000
Applicable Premium rate 2.5% (normal rate) upto Rs. 15,000 2.5% (normal rate) upto Rs. 14,200
3.55 % (actuarial rate) for balance Rs. 5,000 3.55% (actuarial rate) for balance Rs. 1,800/-
Full Premium amount Rs. 375.00 at normal rate + Rs. 177.50 at actuarial rate i.e. Rs. 552.50 in all. Rs. 355.00 at normal rate + Rs. 64 at actuarial rate i.e. Rs.419 in all.
Subsidy 50% of full premium I.e. Rs. 276.25 50% of full premium I.e. Rs. 209.50
Net Premium Payable Rs. 276.25 Rs. 209.50

Annexure 1

THE DETAILS OF NOTIFICATION FOR KHARIF 2000 SEASON ARE AS FOLLOWS :

District Crops Notified For Coverage
Adilabad 1. Rice, 2. Jower, 3. Maize, 4. Redgram, 5. Greengram, 6. Blackgram, 7. Sesamum, 8. Sunflower And 9. Cotton
Anatapur 1. Rice, 2. Jowar, 3. Ragi, 4. Redgram, 5. Groundnut And 6. Sunflower
Chittoor 1. Rice, 2. Jowar, 3. Bajra, 4. Ragi, 5. Red Gram, 6. Groundnut, 7. Sugarcane (Plant) And 8. Sugarcane (Ratoon)
Cuddapah 1. Rice, 2. Jowar, 3. Redgram, 4. Groundnut And 5. Sunflower
East Godavari 1.Rice, 2.Redgram, 3. Groundnut, 4.Sesamum, 5.Sugarcane(Plant) And 6.Sugarcane(Ratoon)
Guntur 1. Rice, 2. Redgram, 3. Blackgram, 4.Groundnut, 5.Castor And 6. Cotton
Karimnagar 1.Rice, 2.Jowar, 3.Maize, 4.Greengram, 5.Groundnut And 6.Cotton
Khammam 1.Rice, 2.Maize, 3. Redgram, 4.Greengram, 5.Groundnut And 6.Cotton
Krishna 1.Rice, 2.Redgram, 3.Greengram, 4.Groundnut, 5.Sugarcane(Plant) And 6.Sugarcane (Ratoon)
Kurnool 1.Rice, 2.Jowar, 3.Bajra, 4.Redgram, 5.Groundnut, 6.Sunflower And 7.Cotton
Mahbubnagar 1.Rice, 2.Jowar, 3.Ragi, 4.Redgram, 5.Greengram, 6.Groundnut, 7.Castor, 8.Sunflower And 9.Cotton
Medak 1.Rice, 2.Jowar, 3.Maize, 4.Redgram, 5.Greengram, 6.Blackgram, 7.Groundnut, 8.Sunflower, 9.Sugarcane (Plant) 10.Sugarcane (Ratoon)
Nalgonda 1.Rice, 2.Jowar, 3.Bajra, 4.Redgram, 5.Greengram, 6.Groundnut, 7.Castor And 8.Cotton
Nellore 1.Rice, 2.Bajra, 3.Groundnut And 4.Sugarcane (Plant)
Nizamabad 1.Rice, 2.Jowar, 3.Maize, 4.Greengram, 5.Blackgram, 6.Sunflower And 7.Sugarcane (Plant)
Prakasam 1.Rice, 2.Jowar, 3.Bajra, 4.Maize, 5.Redgram, 6.Groundnut, 7.Castor, 8.Sunflower And 9.Cotton
Rangareddy 1.Rice, 2.Jowar, 3.Maize, 4.Ragi, 5.Redgram, 6.Greengram, 7.Blackgram, 8.Groundnut, 9.Castor, 10.Sesamum, 11.Sunflower And 12.Cotton
Srikakulam 1.Rice And 2.Groundnut
Visakhapatnam 1.Rice, 2.Bajra, 3.Maize, 4.Ragi, 5.Redgram, 6.Groundnut, 7.Sesamum, 8.Sugarcane (Plant) And 9.Sugarcane (Ratoon)
Vizianagaram 1.Rice, 2.Bajra, 3.Ragi, 4.Groundnut, 5.Sesamum And 6. Sugarcane (Plant)
Warangal 1.Rice, 2.Jowar, 3.Maize, 4.Redgram, 5.Greengram, 6.Groundnut, 7.Castor 8.Sesamum And 9.Cotton
West Godavari 1.Rice, 2.Groundnut, 3.Sugarcane (Plant) And 4.Sugarcane (Ratoon)

Annexure 2

State: Andhra Pradesh Season : Kharif Year: 2000

DISTRICT WISE AND CROP WISE LEVELS OF INDEMNITY, LIMITS OF SUM INSURED AND APPLICABLE PREMIUM RATES

Target
Droplet sizes (Microns)
Flying Insects 10-50
Insects on foliage 30-50
Foliage 40-100
Soil application (avoidance to drift) 250-500

Top

National Agricultural Insurance Scheme (NAIS) or Rashtriya Krishi Bima Yojana (RKBY)

Objectives :

  • The objectives of the RKBY are as under:-
  • To provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
  • To encourage the farmers to adopt progressive farming practices, high value in-puts and higher technology in Agriculture.
  • To help stabilise farm incomes, particularly in disaster years.

Salient Features of the Scheme :

1. Crops Covered :

  • The Crops in the following broad groups in respect of which i) the past yield data based on Crop Cutting Experiments (CCEs) is available for adequate number of years, and ii) requisite number of CCEs are conducted for estimating the yield during the proposed season:
  • Food crops (Cereals, Millets & Pulses)
  • Oilseeds
  • Sugarcane, Cotton & Potato (Annual Commercial / annual Horticultural crops)
  • Other annual Commercial / annual Horticultural crops subject to availability of past Yield data will be covered in a period of three years. However, the crops which will be covered next year will have to be spelt before the close of preceding year.

2. States and Areas to be Covered :

  • The Scheme extends to all States and Union Territories. The States / UTs opting for the Scheme, would be required to take up all the crops identified for coverage in a given year.
  • Exit clause: The States / Union Territories once opting for the Scheme, will have to continue for a minimum period of three years.

3. Farmers to be Covered :

  • All farmers including sharecroppers, tenant farmers growing the notified crops in the notified areas are eligible for coverage.
  • The Scheme covers following groups of farmers:
  • On a compulsory basis :All farmers growing notified crops and availing Seasonal Agricultural Operations (SAO) loans from Financial Institutions i.e. Loanee Farmers.
  • On a voluntary basis: All other farmers growing notified crops (i.e., Non-Loanee farmers) who opt for the Scheme.

4. Risks Covered & Exclusions :

  • Comprehensive risk insurance will be provided to cover yield losses due to non-preventable risks, viz.:
    1. Natural Fire and Lightning
    2. Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane, Tornado etc.
    3. Flood, Inundation and Landslide
    4. Drought, Dry spells
    5. Pests/ Diseases etc.
  • Losses arising out of war & nuclear risks, malicious damage & other preventable risks shall be excluded.

5. Sum Insured / Limit of Coverage :

  • The Sum Insured (SI) may extend to the value of the threshold yield of the insured crop at the option of the insured farmers. However, a farmer may also insure his crop beyond value of threshold yield level upto 150% of average yield of notified area on payment of premium at commercial rates.
  • In case of Loanee farmers the Sum Insured would be atleast equal to the amount of crop loan advanced.
  • Further, in case of Loanee farmers, the Insurance Charges shall be an additionality to the Scale of Finance for the purpose of obtaining loan.
  • In matters of Crop Loan disbursement procedures, guidelines of RBI / NABARD shall be binding.

6. Premium Rates :

S.No Season Crops Premium rate
1 Kharif Bajra & Oilseeds 3.5% of SI or Actuarial rate, whichever is less
    Other crops (cereals, other millets & pulses) 2.5% of SI or Actuarial rate, whichever is less
2 Rabi Wheat 1.5% of SI or Actuarial rate, whichever is less
    Other crops (other cereals, millets, pulses & oilseeds) 2.0% of SI or Actuarial rate, whichever is less
3 Kharif & Rabi Annual Commercial / annual Horticultural crops Actuarial rates
  • Transition to the actuarial regime in case of cereals, millets, pulses & oilseeds would be made in a period of five years. The actuarial rates shall be applied at District / Region / State level at the option of the State Govt./UT.

7. Premium subsidy :

  • 50% subsidy in premium is allowed in respect of Small & Marginal farmers, to be shared equally by the Government of India and State/UT Govt. The premium subsidy will be phased out on sunset basis in a period of three to five years subject to review of financial results and the response of farmers at the end of the first year of the implementation of the Scheme.
  • The definition of Small and Marginal farmer would be as follows:

Small Farmer:

  • A Cultivator with a land holding of 2 hectares (5 acres) or less, as defined in the land ceiling legislation of the concerned State/ UT.

Marginal Farmer:

  • A Cultivator with a land holding of 1 hectare or less (2.5 acres).

8. Sharing of Risk :

  • Risk will be shared by Implementing Agency (IA) and the Government in the following proportion:
  • Food crops & Oilseeds: Till, complete transition to Actuarial regime in a period of five years takes place, claims beyond 100% of premium will be borne by the Government. Thereafter, all normal claims, i.e. claims upto 150% of premium will be met by IA and claims beyond 150% shall be paid out of Corpus Fund for a period of three years. After this period of three years claims upto 200% will be met by IA and above this ceiling, out of the Corpus Fund.
  • (b)Annual Commercial crops / annual Horticultural crops: Implementing Agency shall bear all normal losses, i.e. claims upto 150% of premium in the first three years and 200% of premium thereafter subject to satisfactory claims experience. The claims beyond 150% of premium in the first three years and 200% of premium thereafter shall be paid out of Corpus Fund. However, the period of three years stipulated for this purpose will be reviewed on the basis of financial results after the first year of implementation and the period will be extended to five years if considered necessary.
  • To meet Catastrophic losses, a Corpus Fund shall be created with contributions from the Government of India and State Govt / UT on 50:50 basis. A portion of Calamity Relief Fund (CRF) will be used for contribution to the Corpus Fund.

9. Area approach and Unit of Insurance :

  • The Scheme would operate on the basis of ‘Area Approach’ i.e., Defined Areas for each notified crop for widespread calamities and on an individual basis for localised calamities such as hailstorm, landslide, cyclone and flood. The Defined Area (i.e., unit area of insurance) may be a Gram Panchayat, Mandal, Hobli, Circle, Phirka, Block, Taluka etc. to be decided by the State/UT Govt. However, each participating State/UT. Govt. will be required to reach the level of Gram Panchayat as the unit in a maximum period of three years.
  • Individual based assessment in case of localised calamities, to begin with,would be implemented in limited areas on experimental basis, initially and shall be extended in the light of operational experience gained. The District Revenue administration will assist Implementing Agency in assessing the extent of loss.

10. Seasonality Discipline :

  • The broad seasonality discipline followed for Loanee farmers will be as under:

Activity Kharif Rabi
Loaning period April to September October to Next March
Cut-off date for receipt Of Declarations November May
Cut-off date for receipt Of yield data January / March July / September
  • The broad cut-off dates for receipt of proposals in respect of Non-loanee farmers will be as under :
    1. Kharif season : 31st July
    2. Rabi season : 31st December
  • However, seasonality discipline may be modified, if and where necessary in consultation with State / UT and the Govt. of India.

11. Estimation of Crop Yield :

  • The State/UT Govt. will plan and conduct the requisite number of Crop Cutting Experiments (CCEs) for all notified crops in the notified insurance units in order to assess the crop yield.
  • The State / UT Govt. will maintain single series of Crop Cutting Experiments (CCEs) and resultant Yield estimates, both for Crop Production estimates and Crop Insurance.
  • Crop Cutting Experiments (CCEs) shall be undertaken per unit area /per crop, on a sliding scale, as indicated below :
Sl.No. Unit Area Minimum number of C.C.E.s required to be done
1. Taluka / Tehsil / Block 16
2. Mandal / Phirka / any other smaller unit area comprising 8-10 villages 10
3. Gram Panchayat comprising 4-5 villages 08
  • A Technical Advisory Committee (T.A.C.) comprising representatives from N.S.S.O., Ministry of Agriculture (G.O.I.) and IA shall be constituted to decide the sample size of CCEs and all other technical matters.

12. Levels of Indemnity & Threshold Yield :

  • Three levels of Indemnity, viz., 90%, 80% & 60% corresponding to Low Risk, Medium Risk & High Risk areas shall be available for all crops (cereals, millets, pulses & oilseeds and annual commercial / annual horticultural crops) based on Coefficient of Variation (C.V) in yield of past 10 years’ data. However, the insured farmers of unit area may opt for higher level of indemnity on payment of additional premium based on actuarial rates.
  • The Threshold yield (TY) or Guaranteed yield for a crop in an Insurance Unit shall be the moving average based on past three years average yield in case of Rice & Wheat and five years average yield in case of Other crops, multiplied by the level of indemnity.

13. Nature of Coverage and Indemnity :

  • If the ‘Actual Yield’ (AY) per hectare of the insured crop for the defined area [on the basis of requisite number of Crop Cutting Experiments (CCEs)] in the insured season, falls short of the specified ‘Threshold Yield’ (TY), all the insured farmers growing that crop in the defined area are deemed to have suffered shortfall in their yield. The Scheme seeks to provide coverage against such contingency.
  • ‘Indemnity’ shall be calculated as per the following formula :
    ( Shortfall in Yield / Threshold yield ) X Sum Insured for the farmer {Shortfall in Yield = ‘Threshold Yield - Actual Yield' for the Defined Area}.

13a. Indemnity in case of Localised Risks :

  • Loss assessment and modified indemnity procedures in case of occurrence of localised perils, such as hailstorm, landslide, cyclone and flood where settlement of claims will be on individual basis, shall be formulated by IA in coordination with State / UT. Govt.
  • The loss assessment of localised risks on individual basis will be experimented in limited areas, initially and shall be extended in the light of operational experience gained. The District Revenue administration will assist IA in assessing the extent of loss.

14. Procedure for approval & Settlement of claims :

  • Once the Yield Data is received from the State/UT Govt. as per the prescribed cut-off dates, claims will be worked out and settled by IA.
  • The claim cheques along with claim particulars will be released to the individual Nodal Banks. The Banks at the grass root level, in turn, shall credit the accounts of the individual farmers and display the particulars of beneficiaries on their notice board.
  • In the context of localised phenomenon, viz., hailstorm, landslide, cyclone and flood, the IA shall evolve a procedure to estimate such losses at individual farmer level in consultation with DAC/ State / UT. Settlement of such claims will be on individual basis between IA and insured

15. Financial Support towards Administration & Operating (A&O) expenses :

  • The A&O expenses would be shared equally by the Central Government & respective State Government on sunset basis [ 100% in 1st year, 80% in 2nd year, 60% in 3rd year, 40% in 4th year, 20% in 5th year and ‘zero’ thereafter ].

16. Corpus Fund :

  • To meet Catastrophic losses, a Corpus Fund shall be created with contributions from the Government of India and State / UT on 50:50 basis. A portion of Calamity Relief Fund (CRF) shall be used for contribution to the Corpus Fund.
  • The Corpus Fund shall be managed by Implementing Agency (IA).

17. Re-Insurance Cover :

  • Efforts will be made by IA to obtain appropriate reinsurance cover for the proposed RKBY in the international Reinsurance market.

18. Management of the Scheme, Monitoring and review :

  • In respect of Loanee farmers, the Banks shall play the same role as under CCIS.
  • In respect of non-Loanee farmers, Banks shall collect the premium along with the Declarations and send it to IA within the prescribed time limits. However, in areas where IA has requisite infrastructure, a non-loanee farmer will have option to send premium along with Declaration, directly to IA within the time limits.
  • Selection of the Banks will be on the basis of Service Area Approach (SAA) of RBI or at the option of the Banks (where Co-operative Banks have good network). The Department of Agriculture, Agricultural Statistics, Directorate of Economics and Statistics, Department of Co-operation, Revenue Department of the State Government will be actively involved in smooth implementation of the Scheme.
  • The Scheme will be implemented in accordance with the operational modalities as worked out by IA in consultation with Dept. of Agriculture & Co-operation.
  • During each crop season, the agricultural situation will be closely monitored in the implementing States / Union Territories. The State / UT Department of Agriculture and district administration shall set up a District Level Monitoring Committee (DLMC), who will provide fortnightly reports of Agricultural situation with details of area sown, seasonal weather conditions, pest incidence, stage of crop failure {if any} etc.
  • The operation of the Scheme will be reviewed annually, and modifications as may be required would be introduced. Periodic Appraisal Reports on the Scheme would be prepared by Ministry of Agriculture, the Government of India / Implementing Agency.

19. Implementing Agency (IA) :

  • An exclusive Organization would be set up in due course, for implementation of RKBY. Until such time as the new set up is created, the ‘G.I.C. of India’ will continue to function as the Implementing Agency.

20. Benefits expected from Scheme :

  • The Scheme is expected to:
  • be a critical instrument of development in the field of crop production, providing financial support to the farmers in the event of crop failure.
  • encourage farmers to adopt progressive farming practices and higher technology in Agriculture.
  • help in maintaining flow of agricultural credit.
  • provide significant benefits not merely to the insured farmers, but, to the entire community directly and indirectly through spillover and multiplier effects in terms of maintaining production & employment, generation of market fees, taxes etc. and net accretion to economic growth.
  • streamline loss assessment procedures and help in building up huge and accurate statistical base for crop production.

Operational Modalities

  • The State / UT Govt. intending to participate in the Yojana has to intimate their consent thereto. The State / UT Govt. has to accept and abide by the provisions of the Yojana in to-to as spelt out in the Yojana text and Operational Modalities.
  • A 'STATE LEVEL COORDINATION COMMITTEE ON CROP INSURANCE' (SLCCCI) shall be formed in all the implementing States / UTs for the purpose of overseeing implementation of the Scheme. The committee will be headed by the Agricultural Production Commissioner (APC) or by an Official of equal rank of the State and will include senior Officers of the State, viz., Secretary (Agriculture), Secretary (Co-operation), Secretary (Finance), Director, Bureau of Statistics & Economics, Registrar of Co-operative Societies, representative of Ministry of Agriculture, Financial Institutions including NABARD, RBI, State Apex Coop. Bank, Convenor, State Level Bankers Committee (SLBC) and Implementing Agency (IA).

1. Notification :

  • At the beginning of each crop season, the State Government /UT administration shall notify the Crops and Defined Areas which will be covered during the season in accordance with the decision taken at the SLCCCI meeting. The SLCCCI shall, for the purpose of notification, consider factors such as availability of past Yield Data, Cropped Area and ability to conduct requisite number of Crop Cutting Experiments (CCEs) etc.
  • In case it is proposed to notify irrigated & unirrigated areas separately under a crop, the State Government / UT shall ensure that minimum CCEs are planned & conducted for irrigated & unirrigated crops, separately in such areas. In addition, past data for productivity at Unit Area level for immediate 10 years would have to be separately furnished to enable IA to work out premium rates.
  • The State government / UT should notify the smallest possible units as defined areas (i.e., insurance units), which is preferably, the Village or the Gram Panchayat. In any case the States / UTs shall reach the level of Gram panchayat within three years.

2. Collection of Proposals and Insurance Charges :

  • The present Nodal Banks system under CCIS, will continue for RKBY as well, wherein IA is not required to deal with all the loan disbursing points and instead, deals only with designated Nodal points, mostly at district level.

(a) Loanee farmers (Compulsory coverage) :

  • For loanee farmers, the modalities will be the same as in the existing CCIS. Whenever a bank disburses loan for an insurable crop, additional loan towards insurance charges shall also be granted. The disbursing branch shall prepare a Statement of monthly crop-wise and defined area-wise details of crop insurance with insurance charges, and remit the same to it’s Nodal Branch within 15th day of the next month.
  • The Nodal Branch, in turn, shall consolidate these Statements from the Branches under it, and forward the same to the IA along with a Draft for the insurance charges in accordance with monthly cut-off dates fixed.
  • For the loans disbursed through Kisan Credit Cards (KCC) which are also eligible for coverage, Banks will have to maintain all back up records, registers relating to compliance with RKBY and its seasonality discipline, cut-off-date for submitting the Declarations and end use etc. as in the case of normal crop loans. The crop loans disbursed through KCC, but outside the purview of the provisions of the RKBY, shall not be eligible for coverage.
  • A farmer opting for Sum Insured higher than the amount of loan availed by him shall be treated at par with Non-loanee farmer and relevant cut-off-dates for submitting Declarations will apply. For coverage of higher SI/higher Indemnity Limit (IL), the farmer has to bear the difference of premium.
  • Declarations formats to be submitted by Nodal banks will be different for Loanee farmers availing sum insured upto the limit of amount of loan availed and those Loanee farmers availing higher limit of sum insured. The sum insured may extend to the value of the threshold yield of the insured crop at the option of the insured farmers. Further, a farmer may also insure his crop beyond value of threshold yield upto 150% of average yield of notified area on payment of premium for balance sum insured at commercial rates.
  • For the purpose of sum insured, average yield is reckoned as average of past three years yield for Rice & Wheat and five years for 'Other crops' in the notified area.
  • In respect of Loanee farmers availing sum insured beyond amount of loan availed, the details of those farmers availing sum insured beyond value of threshold yield shall be furnished separately in a schedule in the Declaration.

(b) Non-loanee farmers (Optional coverage) :

  • Those farmers desirous of joining the Scheme will fill up Proposal Form of the Scheme and submit the same to the village branch of a Commercial Bank (CB) or Regional Rural Bank(RRB), or PACS (DCCB) with the requisite insurance charge/premium amount after opening an Account in their name or in an existing Account in their name. The functionaries in Branch/PACS shall assist farmers in completing the Proposal form and provide necessary guidance. While accepting the Proposal and the insurance charges, it shall be the responsibility of such Branch / PACS to verify the particulars of sum insured and its limit, the applicable insurance charges etc. The Branch / PACS shall thereafter consolidate these particulars and send them to the respective Nodal points.
  • The Nodal Banks will in turn submit to the IA the Crop-wise and Notified Area-wise Crop Insurance Declarations in the prescribed format, (separately for non-loanee farmers) along with the Insurance Charges/Premium, within the stipulated time.
  • In respect of optional coverage (non-loanee farmers) the entire amount of insurance charges / premium on the basis of the proposal of the farmer shall be deposited with the Branch /PACS within the stipulated dates and in turn, Banks would consolidate, prepare a Declaration and forward the same to IA with premium.

(c) Receipt of proposals directly from Non-Loanee farmers :

  • On an experimental basis, (subject to infrastructure of IA), the Non-Loanee farmers may submit the proposals personally to IA with requisite insurance charges / premium. The IA shall then consolidate these proposals and convert them into Declarations. However, it's mandatory that the Non-Loanee farmers personally submitting proposals to IA should hold a Bank account in the Service Area branch / designated bank branch to receive compensation, if any.
  • Initially, personal submission of proposals to IA shall be limited to districts designated for experimentation of individual loss assessment on occurrence of localised perils. The IA shall open an office in these designated district HQs. OPTION FOR HIGHER SUM INSURED:
  • Food crops & Oilseeds: Sum Insured is worked out by multiplying the threshold yield of the crop with Minimum Support Price (MSP) or the market price (where MSP is not available) in respect of previous year. A farmer is eligible to cover upto the value of threshold yield of the crop at a given premium rate. Additionally, a farmer may extend the sum insured upto 150% of the value of the average yield of the crop on payment of premium at commercial (actuarial) rate for the part of the sum insured exceeding value of threshold yield.
  • Annual Commercial / Horticultural crops: Sum Insured may extend upto 150% of the value of average yield of the crop at commercial (actuarial) rate for the entire sum insured.
  • In case of Loanee farmers, the minimum sum insured is the amount of loan availed.

3) Seasonality Discipline (Submission of declarations by Banks) :

Loanee farmers :

  • Banks will send to IA every month consolidated Crop Insurance Declarations in respect of loan disbursed to the loanee farmers for each crop and each Defined Area. The details of SAO loans disbursed for insurable crops during a month will be declared to IA in the form of consolidated Declarations before end of the succeeding month. The detailed monthly cut-off dates in respect of such declarations will be :
Kharif Season Rabi Season
Month of Loaning Cut-off date for receipt of declarations by IA Month of Loaning Cut-off date for receipt of declarations by IA
April 31st May October 30th November
May 30th June November 31st December
June 31st July December 31st January
July 31st August January 28th/29th February
August 30th Septeber February 31st March
September 31st October March 30th April
Final 30th November Final 31st May
  • Those loanee farmers who would like to avail a sum insured of more than the amount of loan availed shall indicate their choice to the Financial Institutions at the beginning of the season and for these farmers, the cut-off dates shall be those applicable for Non-loanee farmers.

Non-Loanee farmers:

  • The broad Cut-Off dates for receipt of Proposals by the Banks / IA, in respect of these farmers will be as under:
  • a. Kharif season : 31st July
  • b. Rabi season : 31st December
  • In respect of these farmers, the last date of receipt of the consolidated Proposals at IA, shall be one month after the last date for receipt of Proposals at the Nodal Branch.
  • However, within these broad parameters suggested above for all categories of farmers the seasonality discipline may be modified in consultation with State / UT Govt. and Govt. of India, depending on local conditions and crop season.

4). Important Conditions applicable for Coverage of Risk :

  • Loans given for unsown areas will not be covered by the Scheme, because, indemnity claims will arise under the Scheme, only after the crop has been sown and in the event of crop failure. Mere disbursement of loans by the financial institutions / submission of Proposal by a Non-loanee farmer will not entitle him for compensation under the Scheme.
  • In the areas where crop is sown but, withered away /damaged on account of adverse seasonal conditions / pest and / or diseases and also where there is no possibility of reviving the crop, no further loaning should be made by the financing institutions. Any further loaning in such cases shall not be covered by the Scheme.
  • The Scheme covers notified crops until harvesting stage only. Losses caused to crops which are spread in the field for drying after cutting / harvesting are excluded from the scope of the Scheme.

5). Estimation of Crop Yield :

  • The Claim assessment procedure and parameters involved in estimation of claims shall be the same for Loanee and Non-Loanee farmers as also for food crops/oil seeds and annual commercial / annual horticultural crops.
  • The State Department will plan and conduct requisite number of CCEs for all notified crops in the notified insurance units in order to assess the crop yield. The State Government will notify the crops where requisite minimum number of CCEs will be conducted in accordance with the sliding scale given below:
Sl.No. Size of Insurance Unit Minimum Number of CCEs Required
1 TALUKA / TEHSIL / BLOCK 16
2 MANDAL / PHIRKA / ANY OTHER SMALLER UNIT AREA COMPRISING 8-10 VILLAGES 10
3 GRAM PANCHAYAT COMPRISING 4-5 VILLAGES 08
  • The State Government / U.T. administration will maintain a single series of CCEs for both Crop Production and Crop Insurance.
  • The yield data will be furnished to IA by the State Government / UT in accordance with the cut-off dates fixed for all crops and areas notified, based on the TOTAL NO. of CCEs (being not less than the minimum prescribed) conducted.
  • The standard procedures for assessing the yield in respect of multiple picking crops will be prepared by IA in consultation with the National Sample Survey Organisation (NSSO) and circulated among implementing States / UTs.
  • A Committee comprising representatives of State/UT Govt., National Sample Survey Organisation (NSSO) and IA will be set up at the State level to monitor / supervise and advise in matters relating to adequacy and quality of CCEs.
  • A Technical Advisory Committee (TAC) comprising representatives from NSSO, MOA and IA shall be constituted at National level to decide the sample size of CCEs and also technical matters pertaining to Threshold Yield / Actual Yield etc.

Loss Assessment in case of Localised Calamities :

  • Loss assessment of localised risks, viz. hailstorm, landslide, cyclone and floods on individual basis shall be experimented in two districts and shall be extended to other areas in the light of operational experience gained. The insured farmers who experience crop losses due to occurrence of these localised perils shall give immediate notice to the financial institution / notified office of IA and in any case within 48 hours along with particulars of crop insured and extent and cause of damage. On receipt of loss intimation, IA shall depute Loss assessors to the area for assessment of crop loss. The district Revenue administration will assist IA in assessing the extent of crop loss.
  • IA shall also develop Loss adjusters cadre and for this purpose few Officers will be trained in Loss assessment procedures. The services of unemployeed Agrl. graduates and retired Agrl. Department Officials may also be utilised for loss assessment after initial training.

6). Management of the Scheme and Monitoring :

  • Financial Institutions (FI) shall be required to play the same role as in CCIS in respect of Loanee farmers. In respect of non-loanee farmers, FI shall collect the premium and transmit it to IA along with the Declarations within prescribed time limits. Selection of FIs would be on the basis of Service Area approach of RBI or at the option of the FIs (where Co-operative Banks have good network). To facilitate smooth implementation, all non-loanee farmers shall be serviced through individual Bank Account.
  • The Department of Agriculture, Agricultural Statistics, Bureau of Economics and Statistics, Department of Co-operation of the State Government would be actively involved in smooth implementation of the scheme.
  • During the Crop season, agricultural situation will be closely monitored in the implementing States / Union Territories. The State /UT Department of Agriculture/Statistics would set up a District Level Monitoring Committee, who will provide fortnightly reports of Agricultural situation with details of area sown, weather situation, pest incidence, stage of crop failure {if any} etc. to IA.

7). Procedure of Settlement of claims :

  • Once the yield data is received from the State Government as per the cut-off-dates decided, the claims will be worked out as per Declarations received from FIs for each notified area and approval is obtained. The funds needed for payment of claims beyond the risk sharing limits of IA shall be provided by the Government to effect payment. The claim cheques along with claim particulars will be released to individual Nodal points. The FI at the grass root level in turn shall credit the accounts of the individual farmers and display the particulars of beneficiaries in the notice board.
  • Loss assessment and modified indemnity procedures in case of occurrence of localised perils, such as hailstorm, landslide, cyclone and Flood where settlement of claims will be on individual basis, shall be formulated by IA in consultation with State / UT. Govt.

Claims Approval :

  • Claims shall be approved by IA. However, the Government may at their option, scrutinize / examine a claim falling within their risk liability.
  • Disputed claims / sub-standard claims, if any will be referred to a Committee consisting of representatives of Ministry of Agriculture (GOI), concerned State Government and IA.
  • Settlement / release of claims in the States / UTs which exceed set risk sharing limits of IA shall be subject to receipt of funds from the Government.

8). Publicity / Awareness and Review :

  • This Scheme requires adequate publicity in all the villages of the notified district. Besides audio-visual media, the services of Agricultural Extension Officers of the State / UT should be utilised. It is equally important to train people going to be involved in collection of premium, processing of Declarations, Proposal forms etc. in banks to avoid any confusion and misunderstanding. Training programmes and Workshops, visit of IA Officers to the banks will help in clarifying the doubts, redressal of grievances and clearing bottlenecks in smooth implementation of the Scheme. Pamphlets shall be distributed to all villages in participating States / UTs. A short film covering, the salient features of the Scheme will be made by the IA for this purpose
  • A separate action plan shall be prepared to bring in awareness and educate farmers.

9). Role play of various Agencies :

Role & Responsibilities of Financial Institutions (FIs) :

  • For the purpose of the Scheme, the Scheduled Institutions engaged in disbursing SAO loans as per the relevant guidelines of NABARD / RBI will be reckoned as Financial Institutions.
  • Each scheduled Commercial bank shall, with concurrence of IA fix Nodal points which would deal with IA on behalf of branches in the division / district / State. The Nodal Points for Commercial banks will be minimum one level above the Branch office. The Nodal points for Cooperative banks will be DCC Banks and those for RRBs, their Head Office.
  • Nodal points would be designated for implementation and these banks would attend to the following functions:
  • On receipt of the communication on notification of crops and areas from the State Govt./ UT, the Nodal banks will communicate the same to the branch offices under their control.
  • The FIs would advance additional loan to Loanee farmers to meet requirement of Insurance charges / premium as applicable up to the extent of crop loan.
  • Each such Nodal point would submit crop-wise, defined area-wise, monthly Crop insurance Declarations to the Office of IA, in the prescribed format, along with Insurance charges payable on all crop loans coming under the purview of the Scheme in case of Loanee farmers and based on Proposals received in case of other farmers.
  • The Apex FIs shall issue appropriate instructions to Nodal banks as well as crop loan disbursing branches to ensure smooth functioning of the Scheme.
  • For insurable crop loans disbursed under Kissan Credit Card (KCC), the FIs shall maintain all controls and records as required under the Scheme.
  • Other Responsibilities of FIs will be:
  • To educate the farmers on the Scheme features.
  • To guide the farmers in filing the proposal forms and collecting the required documents.
  • Following the guidelines while disbursing crop loans and ensuring proper end-use of loan disbursed.
  • To prepare the consolidated statements for loanee and non-loanee members, forwarding the same to the branch along with the premium amount.
  • Maintaining the records of proposal forms, other relevant documents, statements for the purpose of verification by the district committee or representative of the insurer.

Special Conditions for FIs / Nodal Banks / Loan Disbursing Points :

  • FIs will submit Crop Insurance Declarations to IA on monthly basis, where sum insured is on the basis of amount of loan disbursed and within one month time from cut-off date for receipt of proposals, where sum insured is on any other basis.
  • Claims received by the Nodal points, will be remitted to individual branches/PACS with all particulars within seven days and these branches/PACS will in turn credit the Accounts of beneficiary farmers within seven days. The list of beneficiary farmers with claim amount will be displayed by the branch / PACS.
  • The IA will have access to all relevant records/ledgers at the Nodal point/Branch/PACS at all times.
  • The IA will be provided with all the norms / guidelines relating to SAO crop loan disbursements as formulated by RBI / NABARD. Any amendments / simplification of procedures / norms from time to time will be duly made available to IA by the concerned institutions. In the absence of such communication, IA shall be free to not take cognisance of such modifications.
  • In case a farmer is deprived of any benefit under the Scheme due to errors / omissions / commissions of the Nodal Bank/Branch/PACS, the concerned institutions only shall make good all such losses.
  • If the farmer is adopting mixed cropping, the sum insured of a crop should be on the basis of it’s proportionate area in the mixed cropping.

Role & Responibilities of State Government / Union Territory Administration :

  • The State Government / U.T. will notify crop wise notified areas and premium rates as applicable (in case of commercial/horticultural crops) well in advance of each crop season.
  • The State government / UT administration would, in advance provide to the IA, Unit Area-wise yield data of immediate past 10 years for all crops notified under the Scheme.
  • To the extent possible, the State Government / UT administration would notify smaller defined areas for various crops, keeping in mind that smaller areas will be more homogeneous and would be more reflective of all crop losses, including localised perils like hailstorm, landslide etc.
  • The State Government shall issue the requisite Notification and communicate to all participating FIs during every crop season. The Notification of the State Government may essentially contain the following information:
  • Crops and Defined areas notified in various districts.
  • Premium rates and subsidy, if and as applicable for various groups of farmers and crops.
  • The cut-off dates for collection of proposals and remittance of premium with Crop Insurance Declarations to IA.
  • The State / UT administration will release it's contribution to Corpus Fund as per the scale and dates fixed by MOA, the Government of India.
  • The State / Union Territory administration would ensure that Crop Estimation Surveys (CES) in general, and estimation procedures in case of multiple picking crops in particular be strengthened in order to furnish accurate estimates of yield. Further the State / UT administration will assist IA in assessing the extent of crop loss of individual insured farmers due to operation of localised perils.
  • To set up various monitoring Committees as required.
  • The final Yield data in the standard format for all Unit Areas for notified crops for the crop season will be furnished to IA within the stipulated date.
  • In case, the State /UT administration fail to furnish yield data based on requisite number of CCEs or fail to furnish yield data within the stipulated date, responsibility of such claims, if any arising out of such data will totally rest with State / UT administration.
  • The IA will be allowed unrestricted access to records of CCEs at grass root / District / State level.
  • State Government / UT admn. shall set up District Level Monitoring Committee (DLMC), headed by the District Magistrate. The members will be District Agriculture Officer, DCCB, Lead Bank representative and IA. The committee will monitor implementation of Scheme by providing fortnightly crop condition reports and periodical reports on seasonal weather conditions, loans disbursed, extent of area cultivated, etc. The DLMC shall also monitor conduct of CCEs in the district.
  • As the Scheme is optional to Non-loanee farmers, adequate publicity will be provided to ensure maximum coverage of farmers through all means available at the disposal of State / UT administration.

Role and Responsibilities of the Implementing Agency :

  • Implementing Agency of the Scheme.
  • The IA shall open separate Accounts to deal with Corpus Fund and also premiums received under the Scheme.
  • Building up crop yield database and preparation of Actuarial premium rates through a Professional agency.
  • Underwriting and Claims finalisation.
  • Responsibility for claims to the extent mentioned in the Scheme.
  • Negotiating Re-insurance arrangement in the international market.
  • Co-ordination in organising training, awareness, publicity programmes.
  • Providing returns / statistics to the Government of India.

Duties of Farmers

  • As the Scheme is compulsory for all Loanee farmers availing SAO loans for notified crops, it is mandatory for all loanee farmers to insist on coverage of all eligible loans (as per the Scheme provisions) under the Scheme.
  • If the farmer is adopting mixed cropping, the proportion of different crops in a mixed cropping will have to be compulsorily declared.
  • In respect of Non-loanee farmers, the Proposals will be accepted only upto stipulated cut-off date, which will be decided in consultation with State Government / UT admn. The important duties in case of Non-loanee farmers are as follows:
  • The farmer desiring coverage should have an Account in the branch of the designated bank.
  • The farmer must approach the designated branch / PACS and submit the proposal form in the prescribed format.
  • The farmer must provide documentary evidence in regard to the possession of cultivable land (copy of the passbook, 7/12 / land extract or land revenue receipt should be enclosed).
  • The farmer must furnish area sown confirmation certificate, if required.

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Model form of National Agricultural Insurance Scheme (NAIS) Declaration Form - Loanee Farmers

NATIONAL AGRICULTURAL INSURANCE SCHEME (NAIS) DECLARATION FORM – NON LOANEE FARMERS

From (Nodal Bank)

Address & Phone No. Address

To: GENERAL INS. CORPN OF INDIA

 

 

  1. Under the provisions of the National Agricultural Insurance Scheme (NAIS), we hereby declare the aggregate amount of SUM INSURED, for the proposals received in the months of ………..(by branches/PAC’s under the jurisdiction of our Office) as per the schedule below. We declare that additional sums insured above the normal coverage limits, if any, are as per the options exercised by the farmers.
  2. It is certified i) that all proposals submitted to the bank branches/PACS under our jurisdiction are covered, ii) that all guidelines with regard to NAIS issued by the SLCCCI to time have been followed.

Dated……………………..this……………………day of……………………….

 

Name of the Signatory

Authorized signatory

 

 

Designation

of Nodal Bank

 

SCHEDULE

Declaration No. (To be allotted by Bank) NODAL BANK CODE: ____________________

State: ___________Season:__________ Year_________ Crop:_________________

District ……… Notified Area:___________

Part A: Normal coverage up to the amount of value of threshold yield. Premium Rate:

Category of Farmers

No. of Farmers

Area (Hectares)

Sum Insured up to the value of threshold yield

Full Premium

Subsidy

Premium Remitted

  1. Small/ Marginal Farmers

 

 

 

 

 

 

2. Other Farmers

 

 

 

 

NIL

 

Sub Total

 

 

 

 

 

 

Part B: Additional coverage over Part A up to the value of 150% of average yield.

Premium Rate:

Category of Farmers

No. of Farmers

Sum Insured above value of threshold yield and up to value of 150% of average yield

Full Premium

Subsidy

Premium Remitted

1.Small/Marginal Farmers

 

 

 

 

 

2. Other Farmers

 

 

 

N I L

 

Sub-Total

 

 

 

 

 

GRAND TOTAL (PART A + B)

 

 

 

 

 

 

DD No.

DD Date:

DD Amount

 

TO BE COMPLETED BY GIC STATE LEVEL CELL

 

CERTIFICATE NUMBER                                      

 

RECEIPT NO.

 

 

 

 

 

NOTE: 1) ALL CODE BOXES SHALL BE FILLED UP BY GIC

    1. GUIDELINES FOR FILLING UP THE DECLARATION S OVERLEAF

GUIDELINES FOR FILLING UP THE DECLARATIONS

  1. This Declaration format should be used only for NON-LOANEE farmers and Separate Declaration must be filled in for each crop and each notified area.
  2. Only one copy of the Declaration must be submitted G.I.C. State Level Crop Insurance Cell and well before the presented cut-off date (a copy may be retained by the bank for their record).
  3. Complete address of Nodal Bank along with the telephone number must be given to facilitate further communication, whenever necessary.
  4. Code particulars (boxes)_______ shall be filled up by GIC.
  5. Care should be taken to declare all proposals received by the bank branches/PACS as per the cut-off dates. There should be strict compliance of all stipulations/guidelines of the Scheme and the notification by the SLCCCI.
  6. The proposals received during the month shall be declared to GIC Cell by the end of next month. Kindly ensure that there is no duplication in coverage of any farmer either by the same bank or vis-à-vis other banks.
  7. Whenever any clarifications in respect of declarations submitted by Bank is sought for the GIC State Level Cell, the same must be submitted within one month of GIC’s letter and no clarification will be entertained by GIC thereafter any purpose whatsoever including reopening of claims.
  8. Specific guidelines for filling in the Schedule
  1. Care should be taken to specify the Correct NOTIFIED AREA, MONTH OF LOANING as also CROP in each declaration Claims following any Changes/Corrections in notified area/crop will not be entertained by GIC.
  2. Sum Insured to be covered under NAIS must be declared separately for "Small/Marginal Farmers" and "Other Farmers". In order to get the insured sum separately declared up to value of threshold yield and beyond (which attracts actuarial premium), separate sub-sections are made in the schedule. The sub-sections are as follows:
  • Part – A: Normal coverage up to the value of threshold yield.
  • Part – B: Additional coverage beyond value of threshold yield and up to the value of 150% of average yield.

For Food crops & Oilseeds, the premium rates applicable for Part – A will be lowest of flat rates or actuarial rate and in case of Part – B, it will be actuarial rate. For annual commercial/horticultural crops, all sub-sections, viz., Part-A & B will attract actuarial premium rate. The applicable premium rates for various crops under various sub-sections shall be obtained from notification details for the District.

WORKING EXAMPLE

A non-loanee farmer who as per scale of finance may have become eligible for a loan of Rs.20,000 for his Groundnut crop on 4 hectares (if he had availed loan) wants to avail sum insured beyond value of threshold yield. The value of threshold on 4 hectares is say, Rs.24,000 and that of 150% of average yield is say, Rs.45,000. The farmer, since decided to go for a sum insured beyond the value of threshold yield, he can choose any amount between Rs.24,000 and Rs.45,000. If the flat premium rate is 3.5% and actuarial rate is 8.0% and assuming that the farmer has chosen a sum insured of Rs.35,000. Then, the farmer will figure in part-A of schedule to the extent of Rs.24,000 and in part-B of schedule to the extent of Rs.11,000 and pays premium @ 3.5% on Part-A and 8.0% on Part-B. The farmer’s acreage having been noted in part-A of schedule, is not required to figure in part-B of schedule, while all other relevant particulars shall figure in all 2 parts of schedule.

  1. Full Premium column is to be computed by multiplying sum insured with the premium rate. Subsidy in premium in respect of S/M farmers is 50% of full premium. Premium remitted is Full premium less subsidy. Amount remitted under the particular declaration must be the difference in the grand total between the full premium and the subsidy.
  2. The bank branches/PACS shall process and verify the land possession documents for all the proposals.

 

DATE RECEIVED

 

 

 

 

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Proposal Form for Loanee and Non-Loanee Farmer

PROPOSAL FORM FOR LOANEE FARMER AVAILING HIGHER SUM INSURED
(beyond amount of loan availed)

NATIONAL AGRICULTURAL INSURANCE SCHEME

DISTRICT :
SEASON :

 

NAME OF THE BANK:
BRANCH:


ACCOUNT NO.:

PROPOSAL FORM NO:
(to be filled by the bank)

   

NAME OF THE FARMER

   

TOTAL LAND HOLDING:

   

NAME OF THE DEFINED AREA (MANDAL):

   

Cr-op

Su-rvey No. Area (Inh-ect)

Scale of Fina-nce (Per Hect)

Sum Insured (Rs)

Premium Rate (%)

Total Premium (Rs.)

Premium Subsidy (Rs.) if eligible)

Net Premium (Rs)

Am-ount of Loan availed (A)

Bey-ond Loan availed and upto value of T.Y (B)

Bey-ond value of T.Y. (C)

(a)

(b)

(c)

(a)

(b)

(c)

(a)

(b)

(c)

(a)

(b)

(c)

                                     
                                     
                                     
                                     
                                     
                                     
  For Bank's Use

 

I hereby declare that the provisions of the scheme have been read and understood by / explained to me in detail before completing the proposal form. I hereby further declare that the particulars furnished above are true and correct and the age of crops proposed for insurance under this proposal is not more than one month at the time of submission of proposal. Further, the condition of crops proposed for insurance under this proposal is normal as on date.

I have not submitted any other crop insurance proposal (either as Loanee farmer or Non-Loanee farmer) covering the above mentioned crops during the season under the Scheme either through this bank branch or Primary Agrl. Cooperative Society (PACS) or any other bank branch or PACS.

Date :  
Place :  
  (SIGNATURE / THUMB IMPRESSION OF THE FARMER)

PROPOSAL FORM FOR NON-LOANEE FARMER

NATIONAL AGRICULTURAL INSURANCE SCHEME

DISTRICT :
SEASON :

 

NAME OF THE BANK:
BRANCH:


ACCOUNT NO.:

PROPOSAL FORM NO:
(to be filled by the bank)

   

NAME OF THE FARMER

   

TOTAL LAND HOLDING:

   

NAME OF THE DEFINED AREA (MANDAL):

   

Cr-op

Su-rvey No. Area (Inh-ect)

Scale of Fina-nce (Per Hect)

Sum Insured (Rs)

Premium Rate (%)

Total Premium (Rs.)

Premium Subsidy (Rs.) if eligible)

Net Premium (Rs)

upto value of T.Y (A)

Beyond value of T.Y. (B)

(A)

(B)

(A)

(B)

(A)

(B)

(A)

(B)

                           
                           
                           
                           
                           
                           
 

FOR BANK'S USE

 

(PROOF CONFIRMING STATUS OF SMALL & MARGINAL FARMER NEED TO BE ENCLOSED TO BE ELIGIBLE FOR SUBSIDY)

I hereby declare that the provisions of the scheme have been read and understood by / explained to me in detail before completing the proposal form. I hereby further declare that the particulars furnished above are true and correct and the age of crops proposed for insurance under this proposal is not more than one month at the time of submission of proposal. Further, the condition of crops proposed for insurance under this proposal is normal as on date.

I have not submitted any other crop insurance proposal covering the above mentioned crops during the season under the Scheme either through this bank branch or Primary Agrl. Cooperative Society (PACS) or any other bank branch or PACS.

Date :  
Place :  
  (SIGNATURE / THUMB IMPRESSION OF THE FARMER)

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Registers/ Statements showing details of Crop insurance under NAIS



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Working example of sum Insured and Premium

Sum Insured Limits & Premium Rates for Paddy / Rice :

State Threshold Yield
1930 kgs/hec
State Average Yield
2412 Kgs/hec
Min. Support Price of Rice
Rs. 7.35 / Kg
Value of Threshold Yield –
Rs. 14200 / hec
Value of Actual Yield -
Rs. 26600 / hec
Normal (Flat) Premium Rate -
2.5%
Actuarial Premium Rate -
3.55%

Sum Insured and Premium Table : Farmer "A" (Loanee) Farmer "B" (Non-loanee)

a. Compulsory Coverage

Loan Amount Rs. 12000 Nil
Full Premium @ 2.5% Rs. 300.00 Nil
Subsidy 50% of full premium Rs. 150.00 Nil
Net Premium Rs. 150.00 Nil
b. Optional Coverage - upto value of Threshold Yield Full premium from 12000 to 14200 = 2200 @ 2.5% (for Loanee Farmer) Rs. 55.00  
Normal coverage for Non-Loanee farmer   Rs. 355.00
Subsidy 50% of full premium Rs. 27.50 Rs. 177.50
Net Premium Rs. 27.50 Rs. 177.50

c. Optional Coverage - upto 150% of value of Average Yield

Full Premium from 14200 to 26600 = 12400 @ 3.55% Rs. 440.20 Rs. 440.20
Subsidy 50% of full premium Rs. 220.10 Rs. 220.10
Net Premium Rs. 220.10 Rs. 220.10
Total Net premium ( a + b + c ) Rs. 397.60 Rs. 397.60

Example :

Farmer ''A" a Loanee farmer and farmer "B" a non-loanee farmer each own 1 hectare under "Paddy / Rice" cultivation. (Being Small and Marginal Farmers they are eligible for 50% subsidy in premium).

  Farmer "A" (Loanee) Farmer "B" (Non-loanee)
Amount of Loan Rs. 15,000 Nil
Amount of Coverage Rs. 20,000 Rs.16,000
Applicable Premium rate 2.5% (normal rate) upto Rs. 15,000 2.5% (normal rate) upto Rs. 14,200
3.55 % (actuarial rate) for balance Rs. 5,000 3.55% (actuarial rate) for balance Rs. 1,800/-
Full Premium amount Rs. 375.00 at normal rate + Rs. 177.50 at actuarial rate i.e. Rs. 552.50 in all. Rs. 355.00 at normal rate + Rs. 64 at actuarial rate i.e. Rs.419 in all.
Subsidy 50% of full premium I.e. Rs. 276.25 50% of full premium I.e. Rs. 209.50
Net Premium Payable Rs. 276.25 Rs. 209.50

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Guidelines to Financial Institutions

  • The new crop insurance scheme i.e. National Agricultural Insurance Scheme (NAIS) is being implemented in the Kharif 2000 season in our state, for the benefit of all farmers i.e. loanee and non-loanee farmers).
  • The scheme broadly covers food crops, oil seeds and annual commercial/horticultural crops. For specific details of notified areas, crops and premium rates kindly refer to the notification issued by the State Level Co-ordination Committee on Crop Insurance (SLCCCI).

Loanee Farmers :

  • Under the scheme, insurance coverage is compulsory for all loanee farmers availing Seasonal Agricultural Operations (SAO) loans from financial institutions (FIs) for notified crops in notified areas up to the full loan amount.
  • Additional coverage under the scheme is also available (at the option of farmer), beyond the loan amount
  • upto the value of Threshold Yield (TY) at normal premium rates and
  • upto the value of 150% of Average Yield(AY) at actuarial premium rates.
  • The value of TY and AY are arrived at by multiplying TY and AY respectively, with the Minimum Support Price (MSP) announced by Govt. of India.

Premium Rates

Sl. No Crops Premium rate for Loanee & Non-Loanee Farmers
Upto Value of TY (i.e. Normal Rates) Beyond Value of TY to 150% value of AY (i.e. Actuarial Rates)
1 Bajra & Oilseeds 3.5% of SI or Actuarial rate, whichever is less Actuarial rates
2 Cereals, Other millets & Pulses 2.5% of SI or Actuarial rate, whichever is less Actuarial rates
3 Annual Commercial / Horticultural crops Actuarial rates Actuarial rates
Important: In case of Loanee farmers full amount of loan is eligible for normal rates irrespective of the value of TY and/or AY.
  • Premium by the nodal banks should be remitted by way of a single demand draft/instrument for a particular lot of Declarations. However, separate instruments are to be drawn for loanee and non-loanee farmers.
  • The FIs should extend additional loan beyond the scale of finance towards premium.
  • The FIs shall submit consolidated crop insurance Declarations separately for each crop, each notified area on monthly basis through the designated nodal offices as per the prescribed cut-off dates.
  • Loanee farmers seeking additional coverage over the loan amount shall be offered coverage subject to observing the cut-off dates as applicable to non-loanee farmers.
  • KISAN CREDIT CARD LOANS : The FIs shall also compulsorily cover all crop loans disbursed through Kisan Credit Cards (KCC) and shall establish necessary controls and maintain backup registers for smooth and effective coverage of the loans. In case the total loan amount for a particular crop withdrawn through KCC during the season exceeds the sub-limit fixed for the crop (during the season), the sum insured shall be limited to the extent of the sub-limit fixed for such crop (and season) in the KCC. The KCC sub-limits for consumption, medium term loans, allied activities and uninsurable crop loans are not eligible for coverage.
  • All guidelines in regard to crop loans, issued by RBI/NABARD have to be complied with by the FIs.

Non-Loanee Farmers

  • Coverage is also available for all non-loanee farmers, on optional basis.
  • The FIs shall also receive individual proposals from non-loanee farmers seeking coverage, scrutinize the proposals, accept premium, consolidate the proposals and route them through their designated nodal offices within their Service Area as per the cut-off dates prescribed. All non-loanee farmers seeking coverage should operate a bank account with the bank branch.

General

Service Charges

  • The FIs shall be paid, service charges @ 2.5% of the premium collected in respect of both loanee and non-loanee farmers at the end of the season.
  • Separate Declaration formats as per enclosed proforma are to be used for loanee and non-loanee farmers. FIs shall obtain required number of copies of the Declaration formats at their cost.
  • Nodal banks must ensure coverage of all crop loans and shall obtain full and accurate particulars from all the FIs within their jurisdiction. They must also ensure coverage of proposals received from all non-loanee farmers within their jurisdiction as per prescribed cut-off dates.
  • Correct premium rates should be ascertained from the Notification issued by us and premium computation (Sum insured X Premium rate) should be done accurately. In respect of Small and Marginal farmers (i.e. farmers with a land holding of less than 2 hectares) only net premium (full premium less subsidy) need to be remitted. Remission of excess premium shall not entitle for increase in sum insured/liability, at a later date.
  • Whenever, any clarification in respect of Declarations submitted by FIs is sought by GIC, the same must be submitted within two weeks. Thereafter, GIC is not under obligation to accept the same, including reopening of claims. Declarations received after the prescribed cut-off dates will be rejected and the responsibility/liability for such proposals rests with the nodal banks/FIs. The FIs shall only be liable/responsible for all omissions/commissions/errors committed by them.
  • Claims under this Scheme will be settled only on the basis of yield data furnished by Directorate of Economics and Statistics arrived at through regular crop estimation surveys for production estimates (i.e planned Crop Cutting Experiments) and not on any other basis such as Annavari, declaration of drought, declaration of floods, Gazette notification etc., by any department / authority.

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Flow chart

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HORTICULTURE / PLANTATION (INPUT) POLICY

PROPOSAL FORM

1. Name of Proposer :  
2. Address :  
3. Occupation (Other than Agriculture) :  
4.Details of Horticulture/ Plantation crop : Sugar Cane
  1. Village / Taluka :
  2. District :
  3. State :
   

Name of Crop Variety Survey Gat No. Hissa No. Acreage No. Type under Crop Depth of Soil Ph of Soil
                 
                 

 

Number of Plants Distance between Plants Age of Plant Date / Month of Planting Expected Date / Month of Harvest Sum Insured
           
           
  1. i) Are the plants dully grown and in good condition?
  2. ii) If plants are not in good condition, what is the deficiency / disease?
  3. iii) What is the recommended dose of fertilizers?
  4. iv) What dose of Fertilizers & manures are given per year?
  5. v) What is the source of irrigation? Is it available around the year?
  6. vi) How are the plants irrigated?
  7. vii) What is the frequency of irrigation during the year?
  8. viii) If regular source of irrigation dries in summer, what alternative arrangements are made?
  9. ix) What are the plant protection measures taken?
  10. x) What are the other Agricultural practices being followed? (Other than mentioned above)
  11. xi) Has the crop been pledged or hypothecated to any institution / Dealer? If so, give full details
  12. xii) Is the Land under cultivation fully owned by you? If not, what is the propriety of this insurance?
  13. xiii) What efforts are taken to minimise losses arising out of the vagaries of nature?
  14. xiv) Is the insured land low lying (Flood prone)?
  15. xv) Source of seed material
  16. xvi) Type of seed material (Seeds/Seedlings/Budded cuttings)
  17. xvii) Is the crop to be insured a regular crop of this region, or is it being cultivated on an experimental basis?

    5. Will you be following the regular and recommended cropping pattern and other Agricultural practices?
    6. Attach details of input cost (specimen proforma enclosed) source (if any) of which input cost is arrived at:-

Previous loss experience (At least for three years)

Year Amount of loss Date of loss Loss cause by
       
       

  1. 7. List use of adjacent property within fifty feet on all sides

    East :
    North :
    South :
    West :

    Kindly submit a sketch (demarcated map) of the property and its surroundings with crops grown therein.

  2. 8. Will there be inter-cropping? If ‘Yes’, give details.
  3. 9. Name and address of financing agency/bank : Rs.
  4. 10. Amount of finance from agency/bank : Rs.
  5. 11. Is "NABARD" refinance involved : (Yes/No)
  6. 12. Previous insurance history:-
    1. i) Has any company declined to cover your property?
    2. ii) Has any company cancelled your insurance policy?
    3. iii) Has any company refused to renew any policy?
    4. iv) Name of previous insurers:
    5. v) Sum insured:
    6. vi) Premium:
    7. vii) Claims, if any:
    8. viii) Has any company imposed any restriction or special conditions? If so, give details:
  7. 13. Is there any other use of the land on which the proposed plantation stands?
  8. 14. Give details of security arrangement, if any:
  9. 15. Will you be availing any technical guidance? If Yes, give the following details:-

    i. Name & address of institution:

    ii. Name & qualification of person:

    iii. Details of guidance:

  • We confirm having completed the proposal from myself, ourselves after reading the prospectus fully.
  • All the statements made above and the answers given are wholly true and correct to the best of my knowledge and belief. I have disclosed all particulars material to the risk. It is hereby understood and agreed that the statements, answers and particulars are basis on which the insurance is being granted. If after the insurance is affected, it is found that the statements, answers of particulars are incorrect or ---- in any respect the insurance company shall be under no liability under this insurance.

Place :

Date :

(Signature of Proposer)

ANNEXURE - 2

QUESTIONNAIRE FOR INSURING NEW CROPS

(I) NAME OF THE COMPANY :

(II) NAME OF THE PROPOSER :

(III) ADDRESS OF THE PROPOSER :

DETAILS OF THE CROP:-

  1. 1) Common name of the crop :
  2. 2) Scientific name :
  3. 3) Duration of the crop :
  4. 4) Climate conditions required :
  5. 5) Is the area under crop suitable
  6. 6) or the cultivation?
  7. 7) What are the economical products contained
  8. 8) from the crop?
  9. 9) Varieties / Hybrid used:
  10. 10) Sources of seed material:
  11. 11) Is it direct planting or nursery is required?
  12. 12) How much seed material is required for planting in 1 Acre?
  13. 13) What is the cost of seed material approx. ?
  14. 14) What is the viability percentage assured by the supplier?
  15. 15) When is the nursery raised (Months)?

NURSERY:

  1. 1) Duration of the nursery in day:
  2. 2) Is seeding raised on ground or in polyethene bags?
  3. 3) If it if ground:-
    1. a) What is the spacing adopted?
    2. b) What area is required to raise seedling for 1 Acre of main field?
  4. 4) Polythene bags are used. How many bags are needs for 1 Acre of main field?
  5. C5) ost of polythene bags?
  6. 6) How many extra seedlings are maintained in case of morality?
  7. 7) Number of irrigations required during the nursery and source of irrigation?
  8. 8) Fertilizers applied during nursery quantity and cost:
  9. 9) Pesticides applied and their cost (Excluding labour);
  10. 10) Number of labour per day that will be required during the nursery maintenance:
    (From sowing to transplanting)

    Labour charges / day :-
  11. 11) Any other special expenditure during the nursery stage:

MAIN FIELD:

  1. 1) From what age the nursery can be transplanted?
  2. 2) What is the maximum age of the seeding till which it can be transplanted?
  3. 3) Date of planting:
  4. 4) Will there be any time gap between pulling and planting in the main field?
  5. 5) If Yes, how much?
  6. 6) Plant spacing adopted?
  7. 7) Number of plants/acre?
  8. 8) How many ploughings are required before planting?
  9. 9) What are the charges involved for main land preparation?

    Cattle / Tractor:

    Labour:

  10. 10) Number of irrigations during the crop period and source of irrigation:
  11. 11) Irrigation charges:
  12. 12) Fertilizers used:

    N
    P
    K

    Any others (Specify):
  13. 13) What are the pesticides applied and their cost (Excluding labour charges)?
  14. 14) Number of labour/day during maintenance of the crop:
  15. 15) Labour charges/day:

    (a) Male :

    (b) Female :

  16. 16) Any other maintenance charges (in details):
  17. 17) Is any shade trees involved? If so, give details:
  18. 18) Is any inter cropping taken up?, if so, give details of the inter crop:

VII. HARVESTING:

  1. 1) From when can the produce be harvested? (As per age of the Plant).
  2. 2) Is the produce Leaf / Fruit / any other part, specify:
  3. 3) Will there be any Leaf drop or Fruit crop?
  4. 4) What would be its approximate percentage?
  5. 5) How many times harvesting is done in a year?
  6. 6) Number of Labour needed for harvesting:
  7. 7) Charges for the above:
  8. 8) Any special harvesting methods adopted?
  9. 9) What would be the yield during each harvest?
  10. 10) What is the date of last harvesting?

FINANCING:

  1. 1) Does this Crop attract any benefits from Governmental Organisation?
  2. 2) If yes, what are the benefits?
  3. 3) Is any Financing Institution Involved?
  4. 4) If yes, Name of the Institution:
  5. 5) Amount assisted by them:
  6. 6) Mode of payment:
    Cash:
    Kind (Details):
  7. 7) What is the procedure for repayment?

INSURANCE:

  1. 1) From how many years this Crop is being grown?
  2. 2) In how many Acre this Crop is grown near your area?
  3. 3) What is the yield expected?
  4. 4) Present Market Value of the Product:
  5. 5) What is your past experience?
    Highly Profitable / Profitable / Not Profitable (Strike off which is not applicable)
  6. Your experience of losses of the Crop
  7. 6) Cause for destruction of the Crop other than Pest and Diseases:
  8. 7) What amount of Sum insured you need?
  9. 8) From what stage of the Crop you want to insure till what stage?
  10. 9) Duration of the Insurance coverage required:
  11. 10) Do you think excess need be applied? Is so, how much?

COST OF CULTIVATION PER ACRE (SUMMARY):-

Number of Plants/Acre:
Duration of the crop:
Input cost (Rupees per Acre):
Labour charges under each have to be excluded and cumulative should be shown under Item No. 14:
  1. 1) Preparation of nursery:
  2. 2) Cost of seed materials:
  3. 3) Preparation of main land:
  4. 4) Digging of pits:
  5. 5) Filling back pits:
  6. 6) Planting charges:
  7. 7) Staking cost:
  8. 8) Irrigation:
  9. 9) Fertilizers:
  10. 10) Manures:
  11. 11) Plant protection:
  12. 12) Inter culture:
  13. 13) Fencing:
  14. 14) Labour charges from nursery till harvesting:
  15. 15) Machine power:-
    a. Own :
    b. Hired :
  16. 16) Bullock power:-
  17. 17) Harvesting:

ANNEXURE - III

ADDITIONAL QUESTIONNAIRE FOR INSURING NEW CROPS

Break-up of Input cost:

  1. 1) From the planting till first fruiting:
  2. 2) From first fruiting to harvesting - for rearing the crop in each season:
  3. 3) Give Item-wise break-up and time scale of application of doses:
  4. Expenses on different items like:-

    Labour:

    Irrigation:

    Application of other input:

LOSSES:

  1. 1) Types of common pest and diseases causing losses and damages to the crops:
  2. 2) Precautions taken for controlling pest and diseases (Give details):
  3. 3) Name other perils causing losses or damages to crop giving types of damage and extent of damage in the following two stages:
    1. a) From the state of first fruiting:
    2. b) During season from previous harvesting to next harvest:

CROP DEVELOPMENT:

  1. 1) What are the stages of development of crop from previous harvest to next harvest:-
  2. 2) What are the effect of weather perils on the various stages of development of crop in relation to above question No. C-1
  3. 3) What is the standard rate of growth for every three months after the date of planting till the plant is cut sand harvested? (This information is required only for plant crop like Eucalyptus, poplar).
  4. 4) What is the standard girth for every three months from the date of planting till harvesting?
  5. 5) What is the use of plant and its market demand?
  6. 6) What is the commercial valuation of the plant and year-wise break-up?

Year of growth

Valuation

First year

 

Second year

 

Third year

 

Please mention the source of information.

ANNEXURE - IV

INFORMATION TO BE SUBMITTED FOR EACH CROP

Name of the crop

Acreage under

Present state of the

Year-wise input cost

 

Cultivation

plant (Year)

till insurance is Needed

1st Yr. - 2nd Yr. - 3rd Yr.

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