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Eduncle posted an MCQ
October 19, 2019 • 16:53 pm 0 points
  • UGC NET
  • Economics

Arrange the following crop insurance schemes in the chronological order of their launch :

Arrange the following crop insurance schemes in the chronological order of their launch : (i) Comprehensive Crop Insurance Scheme (ii) National Agriculture Insurance Scheme (iii) Modified National Agriculture Insurance Scheme (iv) Pradhan Mantri Fagal Bima Yojana Choose the correct answer from the code given below :

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    Eduncle Best Answer

    Comprehensive Crop Insurance Scheme (CCIS) : "To provide financial support to the farmers in the event of failure of crops as a result of natural calamities, a Comprehensive Crop Insurance Scheme (CCIS) was introduced in the country with effect from Kharif, 1985. The participation in the scheme was voluntary and the States were free to opt for the scheme. All farmers who availed crop loans from Commercial Banks, Regional Rural Banks and Cooperative Banks for growing wheat, paddy, millets (including maize), oilseeds and pulses were eligible for coverage under the scheme. CCIS remained under implementation till Kharif 1999".
    National Agriculture Insurance Scheme (NAIS) : "To enlarge the coverage in terms of farmers (loanee and non-loanee both), more crops and more risks, 'National Agricultural Insurance Scheme (NAIS) (Rashtriya Krishi Bima Yojana)' was introduced in Rabi 1999-2000 season in the country. The scheme was available to all the farmers - loanee and non-loanee both - irrespective of their size of holding. Scheme was demand driven and moreover, claims were based on the occurrence of natural calamities like drought, flood, etc. The scheme was withdrawn after Rabi 2015-16".
    Modified National Agriculture Insurance Scheme (MNAIS) : "To improve NAIS further and make the scheme easier & farmer friendly, a Joint Group was constituted by the Government to study the improvements required in the existing crop insurance schemes. Based on the recommendations of the Joint Group and views/comments of various stakeholders, Modified NAIS was approved for implementation on pilot basis in 50 districts during the remaining period of 11th Plan from Rabi 2010-11. The major improvements made in MNAIS were - actuarial premium with subsidy in premium ranging upto 75% to farmers; unit area of insurance reduced to village/village panchayat level; indemnity for prevented sowing/planting risk & for post-harvest losses due to cyclone in coastal areas; on account payment up to 25% of likely claims as immediate relief; more proficient basis for calculation of threshold yield; minimum indemnity level of 80% and 90%, etc. From Rabi 2013-14, it was launched as a full-fledged component scheme under the aegis of National Crop Insurance Programme (NCIP). Scheme was being implemented on actuarial basis but subsidy in premium upto 75% of Sum Insured was provided to farmers.
    Pradhan Mantri Fagal Bima Yojana : "Keeping in view the representations from States/UTs especially on account increase in premium rates & farmers' share in premium, capping on premium rates and reduction in sum insured etc., NCIP/NAIS has recently been reviewed, and a new scheme namely, Pradhan Mantri Fasal Bima Yojana (PMFBY) has been approved in place of MNAIS/NAIS for implementation from Kharif 2016 season". 

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