Inspired by a scheme conceived by the Shivraj Singh Chouhan-led Madhya Pradesh government — to provide minimum income to farmers even when their crops fail or the price of their produce nosedives — the NDA government is planning to introduce a crop insurance scheme on similar lines.
At an event in Bhopal on Tuesday, Union Agriculture Minister Radha Mohan Singh said the central government will launch a new crop insurance scheme next year which will provide minimum income to farmers.
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Singh praised Chouhan for the “pro-farmer initiatives” undertaken by the state government as well as the double digit agriculture growth rate the state has achieved in the last few years. The MP government is set to introduce, on a pilot basis, an Agriculture Income Assurance Scheme in a few districts. The scheme will not be based on agricultural yield of individual farmers but it will ensure that farmers get an assured income to compensate for crop damage or price fluctuations, said Chouhan.