BHOPAL : A Farmer’s Welfare Fund would be established in the state which would provide relief to the farmers if their crops get damaged. A decision in this regard would be taken in a two-day conference on Crop Insurance Scheme, which begins from June 15.

The Agriculture Department is gearing up to establish this fund and its outline would be presented in this conference. Sanction would be taken from the Central government for the said fund. The state government would provide its share and the Central government would be requested to release grant for it. The money collected as premium of insurance from farmers will also be deposited in this fund. The farmers would be provided relief from the fund in the event of damage to their crops from hailstorm, frost or in the event of low production.

An assessment would be done to find out minimum income of farmers from agriculture. The officials of National Remote Sensing Centre have been invited in the workshop make this assessment field wise. A discussion on how to assess the likely production of various crops through satellite would take place. The state government intends to set up its own crop insurance mechanism instead of depending on insurance companies.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal