Andhra Pradesh govt’s newly launched YSR Free Crop Insurance Scheme 2024 is proving a boon to farmers as almost all notified crops are covered in this scheme. Now all the farmers in AP can apply / enroll themselves in YSR Free of Cost Crop Insurance Scheme. The total agricultural land covered under free crop insurance scheme in AP is on a consistent rise. The number of farmers enrolled in this scheme has also gone up. In this article, we will tell you about the latest update about the AP Jagananna Free Crop Insurance Scheme.
AP YSR Free Crop Insurance Scheme 2024
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on 25 May 2021 credited Rs. 1820.23 crore, under “YSR Free Crop Insurance” scheme, into the bank accounts of 15.15 lakh farmers who have lost their Kharif crop during 2020. CM said that the government had taken the responsibility of supporting the farmers at all hard times and thus brought in the free crop insurance scheme, without levying the burden of premium on farmers. AP govt. had revamped the scheme by paying the entire insurance premium ensuring that all the farmers enrolled in e-crop platform get their share of insurance directly with no middlemen.
Earlier on 15 December 2020, AP govt. made payment of crop insurance claims to the farmers for Kharif 2019 under AP YSR Free Crop Insurance Scheme. CM YS Jagan Mohan Reddy credited the amount to the unencumbered accounts of the farmers. A total Rs. 1,252 crore insurance claims were paid to 9.48 lakh farmers. Dr. YSR Free Crop Insurance was one of the promises made to the farmers by Jagan during his 3,648 km-long Praja Sankalpa Yatra and it was implemented as soon as he became Chief Minister.
Payment of Insurance Claims Against Crop Loss
For various reasons, farmers suffered crop loss during earlier Kharif season. As they were covered under the free crop insurance scheme, their crop insurance claims are being settled by the government. The amount of claims will be credited to the farmer’s bank accounts through DBT mode. Several of these farmers have also suffered losses during the recent heavy rains. The crop insurance amount to be provided to such farmers is expected to help them recoup some of their losses.
The new AP YSR Free Crop Insurance Scheme applies for 22 types of crops in the Andhra state. Moreover, this crop insurance scheme by CM Jagan Mohan Reddy will start from this Kharif season. It is important to note that farmers will not have to pay any premium amount to avail benefits of this crop insurance scheme. Apply / Enrollment fees for YSR Crop Insurance Scheme is just Rs. 1.
Apply / Enroll for AP YSR Free Crop Insurance Scheme
Here are the important features and highlights of applying / enrolling online for AP YSR Free Crop Insurance Scheme:-
- The last date to apply online or making enrollment in AP YSR Free Crop Insurance Scheme.
- This free crop insurance scheme would benefit around 70 lakh farmers of Andhra Pradesh.
- YSR Crop Insurance is going to cover around 56 lakh hectares land.
- Premium amount is not required to be paid by the farmers as the state government will pay it.
- Around 22 types of crops are covered starting from this Kharif season itself.
- People can just enroll themselves in this crop insurance scheme by paying just Rs. 1.
The state govt. has made necessary allocations for this crop insurance scheme in AP Budget.
Institute of Rural Management Anand-AP will set up Andhra Pradesh Centre for Advanced Research on Livestock Limited (APCARL) in Pulivendula. Plaque for setting up IRMA – AP has already been unveiled.
Source / Reference link: https://apagrisnet.gov.in/crop.php