West Bengal launches free crop insurance scheme for farmers

Date & Time: 2019-07-01 05:12:41

West Bengal government has announced a crop insurance scheme in collaboration with the Agriculture Insurance Company of India (AIC), for the 2019 kharif season. The scheme called Bangla Shashya Bima (BSB)  The crop insurance scheme would be free of cost for the farmers since the government will pay the full premium. The crops that will come under insurance are aman paddy, aus paddy, jute and maize.  All farmers taking loans (granted or applied for) and even those not taking loans can avail of the insurance. The insurance will be paid in four stages - for any losses suffered during planting, during cultivation, during the period post-cutting when crops are lying in the field.