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Livestock Insurance Scheme: Take advantage of insurance like this

Livestock Insurance Scheme: Take advantage of insurance like this

लेखक - Dr. Pramod Murari | 31/3/2021

Animal husbandry is an important means of rural livelihood in India. Animal husbandry is a good source of additional income for the farmers. To promote animal husbandry, many schemes are being started by the government. But due to lack of information, many times farmers are not able to take advantage of these schemes. In such a situation, through this post, we are sharing the information of Livestock Insurance Scheme with you. What is Livestock Insurance Scheme? How can you take advantage of this scheme? How to apply for this scheme? Read this post completely to know the answers to such questions.

What is Livestock Insurance Scheme?

  • This scheme has been started by the Central Government.

  • Under this, all milch and meat producing animals are insured.

  • In the event of the death of the insured animal, compensation is paid by the insurance company to the livestock owners.

  • In order to insure the animals, the livestock owners have to pay the premium amount.

How to apply for this scheme?

  • To apply for this scheme, first of all you have to go to the official website of Animal Husbandry and Dairying Department and click on the Application Form.

  • If you want, you can go to the official website of Animal Husbandry and Dairying Department by clicking on the link given at the end of this post.

  • After entering all the information asked in the application form, click on the submit button.

Eligibility for Livestock Insurance Scheme

  • It is mandatory for the applying animal husbands to be a permanent resident of India.

  • Insurance can be done for milch and meat producing animals.

  • These animals include cow, buffalo, goat, sheep, camel, etc.

  • If the animals have been insured under any other insurance scheme, then those animals cannot be insured again under the Livestock Insurance Scheme.

  • Benefits of Livestock Insurance Scheme If the animals die after being insured, then the insurance company will give the insurance amount to the livestock owners.

  • The compensation amount will be given to the cattle owners within 15 days of the death of the animals.

  • Under this scheme, animal owners can get insurance for 1 year and 3 years.

  • The compensation under this scheme will be paid on the current market value of the animals.

What is the premium to be paid by different categories of cattle breeders?

  • Above poverty line cattle farmers will be given 50 percent subsidy i.e. only 50 percent premium will have to be paid by this category of cattle rearers.

  • Below poverty line, 70 percent subsidy will be given to the farmers belonging to Scheduled Castes and Scheduled Tribes. This category of cattle breeders will have to pay only 30 percent premium.

  • The rate of premium has been fixed at 3 percent for 1 year and 7.50 percent for 3 years.

  • Veterinarians can insure at least five animals.

Official Website of Animal Husbandry and Dairying Department : dahd.nic.in

Read also:

  • Get information about the care of milch animals in the summer season from here.

We hope this information will prove to be important for you. If you liked this information, then like this post and also share it with other farmers and livestock owners. So that more and more farmers and livestock owners can take advantage of the Livestock Insurance Scheme. Ask us your questions related to this through comments. Stay connected with the countryside for more information related to animal husbandry and agriculture.

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