Livestock Insurance Scheme approved
New Delhi, Mar 13 (UNI) The Union Government has approved a centrally sponsored scheme on livestock insurance on pilot basis and scheme is to be implemented by the state Livestock Development Boards, the Lok Sabha was told today.
Minister of State for Agriclture Kanti Lal Bhuria said in a written answer that the scheme has been formulated after discussions with the secretaries, incharge of Animal Husbandry Department in the States and public and private sector insurance agencies .
The scheme is to be implemented in 100 districts and crossbred and high yielding cattle and buffaloes are to be covered under it, he said.
The Government would provide 50 per cent subsidy on the insurance premium and would also bear the payment of honorarium to veterinary practioners engaged. The balance 50 per cent of insurance premium would be borne by the beneficiary.
UNI YS VD KN1402