Route · /scheme/haryana-scheme-for-horticulture-crops-insurance-in-haryana-renamed-as-mukhyamant
Scheme for Horticulture Crops Insurance in Haryana renamed as Mukhyamantri Bagwani Bima Yojana (MBBY)
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Haryana BudgetNot on myScheme
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What Haryana publishes about this
From the state’s own budget books · myScheme has no
record of it
Name of Scheme Scheme for Horticulture Crop Insurance in Haryana renamed as Mukhya Mantri Bagwani Bima Yojana (MBBY) Govt. has launched horticulture crop insurance scheme as Mukhya Mantri Bagwani Bima Yojana (MBBY) for the farmers growing horticulture crops to mitigate their risk against loss due to adverse weather & natural calamities, like hailstorm, temperature- High Temperature/Heat wave & frost, water perils, wind velocity and fire. A total of 46 vegetable, fruit & spice crops will be covered under the scheme. Farmers need to give only @ 2.5% i.e. Rs. 750/- and Rs. 1000/- against sum assured of Rs. 30,000/- for vegetables/spices and Rs. 40,000 for fruit crops per acre, respectively. The claim compensation will be based on survey and extent of loss in four categories of 25, 50, 75 & 100. Farmers are to adopt this scheme while registering their crop and area on Meri Fasal Mera Byora (MFMB) portal. A seed capital of Rs. 10.0 crores will be kept by State Govt. State and District Level Committees under PMFBY shall monitor, review, and resolve the disputes at State Level as well as District Level. The objectives of the scheme is as under: I. Encourage farmers to raise horticulture crops to increase their income level. II. Ensure the financial sustainability of farmers suffering from crop losses due to adverse weather & natural calamities. III. Encourage farmers to use innovative & modern agricultural practices. IV. Encourage farmers to diversify from wheat & paddy to horticulture crops.
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