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Crops Insurance Process Begins In 27 Districts Punjab

Punjab government started the registration process for crops insurance in 27 districts of the province for the Year 2021-22 with an aim to compensate farmers for adverse effects of climate changes, natural calamity, or locust attack on crops especially paddy and cotton. The farmers having five acres will obtain 100 percent subsidy on premium. However, the farmers with five to 25 acres of land will get 50 percent subsidy on premium. Special Certificates will be issued to the farmers on the insurance of paddy and cotton crops. The insurance company will compensate farmers by January 2022 in case of loss to crops. An online system has been evolved to maintain transparency. The loss or damage will be assessed after analyses of crops at tehsils concerned, said official sources. Crop Reporting Servis department of the government will arrange a report in this regard.

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