agricoop.nic.in Modified National Agricultural Insurance Scheme MNAIS : Ministry Of Agriculture & Farmers Welfare

Organisation : Ministry Of Agriculture & Farmers Welfare
Facility : Modified National Agricultural Insurance Scheme (MNAIS)

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Home Page : https://agricoop.nic.in/

Modified National Agricultural Insurance Scheme

OBJECTIVES :
The objectives of the Scheme are as under:
i) To provide insurance coverage and financial support to the farmers in the event of prevented sowing & failure of any of the notified crop as a result of natural calamities, pests & diseases.

Related : AGMARKET Rural Godown Scheme : www.statusin.in/1397.html

ii) To encourage the farmers to adopt progressive farming practices, high value in-puts and better technology in Agriculture.
iii) To help stabilize farm incomes, particularly in disaster years.

SALIENT FEATURES OF THE SCHEME :
In addition to Agriculture Insurance Company of India Ltd., Private sector insurance companies with adequate infrastructure and experience will be allowed on selective basis to implement the scheme by the implementing States from out of the companies short listed by the Department of Agriculture & Cooperation..

CROPS COVERED :
i. Food crops (Cereals, Millets & Pulses)
ii. Oilseeds
iii. Annual Commercial / Horticultural crops
(a) Loanee farmers would be covered under compulsory component.
(b) Non-loanee farmers would be covered under voluntary component.
(c) The Crops are covered subject to availability of i) the past yield data based on Crop Cutting Experiments (CCEs) for adequate number of years, and ii) requisite number of CCEs are conducted for estimating the yield during the proposed season.

Ten years historical data is adequate for setting premium rates, fixing indemnity limit and threshold yield etc. Wherever such historical yield data at insurance unit is not available for some years, the data of nearest neighboring unit / weighted average of contiguous units / next higher unit can be adopted, subject to appropriate loading in the premium rate, if necessary.

STATES AND AREAS TO BE COVERED :
Modified NAIS based on major improvements suggested by the Joint Group is to be implemented in 50 districts. These districts may be identified in consultation with the States/UTs.

FARMERS TO BE COVERED :
All farmers* including sharecroppers, tenant farmers growing the notified crops in the notified areas are eligible for coverage.
* includes
I. Individual owner-cultivator/ tenant farmers/ share croppers.
II. Farmers enrolled under contract farming, directly or through promoters / organizers
III. Groups of farmers / societies serviced by Fertiliser Companies, Pesticide firms, Crop Growers associations, Self Help Groups (SHGs), Non-Governmental Organisations (NGOs), and Others

The Scheme will extend coverage Component-wise:
Compulsory Component :
All farmers availing Seasonal Agricultural Operations (SAO) loans from Financial Institutions (i.e. loanee farmers) would be covered compulsorily.
Voluntary Component :
The Scheme would be optional for all non-loanee farmers.

RISKS COVERED & EXCLUSIONS :
(A). STANDING CROP (Sowing to Harvesting)
Comprehensive risk insurance is provided to cover yield losses due to nonpreventable risks, viz.:
(i) Natural Fire and Lightning
(ii) Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane, Tornado etc.
(iii) Flood, Inundation and Landslide
(iv) Drought, Dry spells
(v) Pests/ Diseases etc.

(B) PREVENTED SOWING / PLANTING RISK :
** In case farmer of an area is prevented from sowing / planting due to deficit rainfall or adverse seasonal conditions, such insured farmer who failed to sow / plant (but otherwise has every intention to sow / plant and incurred expenditure for the purpose), shall be eligible for indemnity.

** The indemnity payable would be a maximum of 25% of the sum-insured.
** The scale of payment for different crops will be worked out by implementing agency in consultation with experts.

(C) POST HARVEST LOSSES :
** Coverage is available only for those crops, which are allowed to dry in the field after harvesting against specified perils of cyclone in coastal areas, resulting in damage to harvested crop.
** Further, the coverage is available only upto a maximum period of two weeks from harvesting.
** Assessment of damage will be on individual basis.

GENERAL EXCLUSIONS :
Losses arising out of war & nuclear risks, malicious damage and other preventable risks shall be excluded.