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Haryana earmarks Rs 5 cr for milch animals' insurance

By Staff
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Google Oneindia News

Chandigarh, Jul 5 (UNI) The Haryana Government has earmarked a sum of Rs five crore for the insurance of milch animals of the scheduled castes families of the state for the current financial year.

Haryana Chief Minister Bhupinder Singh Hooda said the farmers belonging to scheduled caste families were benefited free of cost under the Livestock Insurance Scheme as 100 per cent cost of premium of insurance was borne by the State Government.

About 75,000 milch animals of families belonging to scheduled castes were insured during the last financial year.

Mr Hooda said another Live Stock Insurance Scheme funded by Central Government was also being implemented in the state.

The milch animals of five districts namely Bhiwani, Rohtak, Jind, Jhajjar and Hisar are covered under the scheme.

The cost of insurance premium is borne on sharing basis by the Central Government, State Government and the owner of the milch animals.

The share of Central Government is 50 per cent of the cost of the insurance premium, the share of State Government is 25 per cent and the remaining 25 per cent is borne by owner of milch animals.

More than 65,000 animals are insured with an expenditure of about Rs four crore under this scheme.

He said the insurance scheme for milch animals belonging to the non-scheduled castes families of the districts other than five districts covered by the Central Government scheme would also be implemented by the State Government during the year 2008-09 in which 75 per cent of the cost of insurance premium would be borne by the state government and 25 per cent by the owner.

UNI PS VN SV BD1925

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