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India: Kinnow added to crop insurance scheme
The Haryana state horticulture department has included kinnow farming under its crop insurance scheme in the hope of stimulating further interest in its cultivation.
Currently an area of over 20,000 acres is under Kinnow cultivation in Sirsa district and the growers there are earning Rs 140 crore from this crop.
A spokesman for the department said that such insurance had already been provided to cover 150 acres under kinnow cultivation.
Under the insurance scheme cover is to be provided for damage to crops in the event of such things as storms, heavy rainfall and extreme temperatures.
He said that insured farmers would have to pay 50 per cent of the premium amount and the Centre and State governments would pay the balance amount. He said that tow if the involved insurance companies would be India Limited and ICICI Lombard.
many farmers will benefit from this scheme as kinnow is one of the most prevalent crops in the region. Exports of the fruit go to diverse areas, including the UK, Bangladesh, Sri Lanka, as well as metropolitan Indian areas.
Source: www.punjabnewsline.com
The Haryana state horticulture department has included kinnow farming under its crop insurance scheme in the hope of stimulating further interest in its cultivation.
Currently an area of over 20,000 acres is under Kinnow cultivation in Sirsa district and the growers there are earning Rs 140 crore from this crop.
A spokesman for the department said that such insurance had already been provided to cover 150 acres under kinnow cultivation.
Under the insurance scheme cover is to be provided for damage to crops in the event of such things as storms, heavy rainfall and extreme temperatures.
He said that insured farmers would have to pay 50 per cent of the premium amount and the Centre and State governments would pay the balance amount. He said that tow if the involved insurance companies would be India Limited and ICICI Lombard.
many farmers will benefit from this scheme as kinnow is one of the most prevalent crops in the region. Exports of the fruit go to diverse areas, including the UK, Bangladesh, Sri Lanka, as well as metropolitan Indian areas.
Source: www.punjabnewsline.com
Publication date: 3/22/2012
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