Green push: Govt revamps crop cover scheme, prunes premium subsidy

Joseph B. Hash

The authorities on Wednesday introduced that it would lessen its share in high quality subsidy for the flagship crop insurance plan scheme — PM Fasal Bima Yojana (PMFBY) — to 30 per cent and twenty five per cent, respectively, for unirrigated and irrigated crops from the current 50 per cent for major States, even as it produced the crop protection go over voluntary for farmers.

On the other hand, the Central share in the high quality subsidy would be improved to ninety per cent for the north-eastern States, stated Agriculture Minister Narendra Singh Tomar, just after a Cabinet assembly below.

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