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FANI Aftermath: Odisha CS Directs Enrollment Of More Farmers Under Crop Insurance


18 May 2019

Debashish Maharana


Bhubaneswar: Odisha Chief Secretary Aditya Prasad Padhi has directed to enroll more and more farmers under crop insurance through intensive awareness activities with focus on brining more non-loanee farmers to the fold of crop insurance.

"In the backdrop of frequent calamities and other vagaries of nature, it is imperative to bring more and more farmers under the protective umbrella of crop insurance," said Padhi while presiding over State Level Coordination Meeting on Crop Insurance held in State Secretariat on Saturday.

Discussions in the meeting showed that during last Khariff season around 15 lakh farmers were registered under crop insurance with a total premium of Rs 1102 crore. Target was set to insure at least 22 lakh farmers during the coming Khariff season.

With this target, the total premium to be paid by Government is estimated around Rs 1380 crore, where around 98 per cent of the total premium is born by both the State and Central Government on 50:50 sharing basis and around 2 per cent is paid by the farmer.

On direction of Padhi, a comparative calculation of the premium paid and claim payouts given by insurance companies to the farmers were made. It was seen that in the year 2017, an amount of Rs 940 crore was paid to the insurance companies towards the premium for Khariff crop, against which the total claim payout to the farmers was Rs 1726 crore.

During Rabi season of 2017 the total premium paid was Rs 19.14 crore against which the claim payout was Rs 43 crore.

In the year 2018, a total amount of Rs 1102 crore has been paid to the companies towards the premium. The yield rate report for 2018 has already been given to the companies after the crop cutting experiments.

Senior officers of the Department of Agriculture and Farmers' Empowerment expect that this year the claim payout may cross Rs 1200 crore for Khariff crop. The assessment of Rabi crop loss is going on. An amount of Rs 8.23 crore has been paid towards premium to the companies.

Representatives from Insurance companies and State Level Banker Coordination Committee along with Development Commissioner Asit Kumar Tripathy, Agriculture Production Commissioner Gagan Kumar Dhal, Agriculture Secretary Sourav Garg, Finance Secretary Ashok Kumar Meena, Cooperative Secretary Krishan Kumar, Registrar Cooperative Societies Tribikram Pradhan and Agriculture Director Muthu Kumar participated in the discussion.