KCR reviews on farmers insurance scheme

The premium will be paid by the government and the amount required for this would be part of the budget and it would be an assured one.

By Author  |  Published: 15th May 2018  9:08 pmUpdated: 15th May 2018  9:29 pm
KCR at a review meeting on the scheme with Ministers and officials at Pragathi Bhavan

Hyderabad: Chief Minister K Chandrashekhar Rao on Tuesday declared that the Rs 5 lakh insurance cover announced by him for farmers in the State will be yet another scheme that will show the way forward to the entire peasant community in the country. The insurance scheme is to be launched on June 2.

“This will again be one of the schemes which any future government will invariably have to continue,” the Chief Minister said at a review meeting on the scheme with Ministers and officials at Pragathi Bhavan here. Chandrashekhar Rao directed the Principal Secretary, Agriculture and Principal Secretary, Finance, to discuss with the Life Insurance Corporation (LIC) and finalise modalities for its implementation. The implementation of the insurance scheme should be entrusted to the LIC since it was a Government of Indian undertaking that enjoyed the trust of the people.

The premium will be paid by the government and the amount required for this would be part of the budget and it would be an assured one. The State government, he said, should go on its own in the implementation of the scheme to benefit farmers without any financial burden on the beneficiaries. The benefits extended to farmers under another Government of India scheme, under which a share has to be paid by the beneficiary farmer, also came up for discussion.

The Chief Minister wanted the insurance cover extended to farmers to ensure that the family gets Rs 5 lakhs immediately at any cost in the event of a farmer’s death. The government intends to extend all help to farmers’ families whole-heartedly, he said, adding that the insurance cover would be same for every farmer irrespective of the fact whether he is small, marginal or a big farmer.

The Chief Minister said that in the undivided State, the Telangana farming community faced a lot of distress and hence the TRS, after coming to power, had initiated several measures to help them. “Only the Telangana government can understand the problems of Telangana farmers. In the undivided State, the previous government lacked a human face to understand their plight,” he said, adding that the implementation of a variety of schemes like the Investment Support Scheme and insurance cover are intended to alleviate their sufferings.

He said the insurance papers should be prepared village-wise and mandal-wise and care should be taken even with regard to the entry of the name of the nominee.

Ministers Etela Rajender, G Jagadish Reddy and Mahender Reddy, Chief Advisor Rajiv Sharma, Chief Secretary S.K. Joshi, Principal Secretary, Agriculture, Parthasarathy, CMO Principal Secretary S Narsing Rao, Special CS Ajay Mishra, Principal Secretary for Finance Rama Krishna Rao, Principal Secretary GAD Adhar Sinha, Secretary Finance Shiv Shankar, CMO Special Secretary Bhoopal Reddy, Commissioner for Agriculture Jagan Mohan Rao and senior LIC officials participated in the meeting.