Crop Insurance Schemes
Pilot Scheme on Seed Crop Insurance (PSSCI) :
Salient Features
RISKS COVERED
The proposed Scheme seeks to provide protection against those risks, which are beyond control of the farmers. The following types of losses will be covered:
A: At Field Stage :
A1. Failure of seed crop field either in full or in part due to the perils indicated below:
Natural Fire, lightning, storm, hailstorm, cyclone, typhoon, tempest, hurricane, tornado, flood, inundation, landslides, drought, dry spells, excessive rain, large scale incidence of pests and diseases. Damages due to Frost would also be covered under the Scheme.
The cover shall commence from the sowing / transPlanting and continue until the crop is harvested. In a particular field, if only a portion of the field is affected by any of the above mentioned perils resulting in rejection of such affected portion of the field, the grower will be compensated corresponding to the proportion of the area rejected.
The compensation payable will be on the basis of the graded scale as described below:
- Failure of seed crop within one and half months of sowing, the compensation will be 40% of the sum insured corresponding to the rejected area.
- Failure of seed crop after one and half month of sowing and until the crop is harvested, the compensation will be 80% of the sum insured corresponding to the rejected area.
However, to be eligible for compensation, failure/ damage (and subsequent rejection thereby) should take place on a contiguous area of minimum "half an acre" in any individual grower's farm. In other words, failure/ rejection confined to less than "half an acre" would not be considered as a loss for the purpose of the Scheme.
A2. Loss in Expected Raw Seed Yield:
Following perils in addition to the perils mentioned under Para A1 above will be covered:
Prevalence of excessive rain, blowing of hot and/ or cold wind, excessive hot weather during flowering or seed setting stage:
Loss in expected raw seed yield due to the above perils would be compensated if and when the same loss has occurred in general over a large contiguous area.
A3. Loss of Seed Crop after harvest:
Damage to the harvested seed crop due to operation of the above-mentioned perils whilst lying on the field until the crop is removed from the field for transportation to the processing Plant will be covered under the Scheme.
B. At Seed Certification Stage :
Losses due to seed lots having failed in 'Germination Test' due to operation of any of the insured perils mentioned in Para A1 & A2. above shall be compensated. Failure in germination test due to any factor/ reason other than the insured ones shall not be covered.
<< Back Next >>
|
|
|
