Why PM Modi’s Crop Insurance Scheme is Different from Others of the Past-Video

PM Narendra Modi today assured that the new Crop Insurance Scheme will bring a major transformation in the life of farmers, adding that it enhances the definition of disaster and addresses whatever was lacking in the existing crop insurance and similar schemes. He quoted below in his speech.

“Farmer brothers and sisters, at a time when you are celebrating festivals like Lohri, Pongal and Bihu, the government has given you a gift in the form of Prime Minister’s Crop Insurance Scheme,”  as mentioned in his tweet.

“This is a historic day. I am confident that this scheme, which is inspired by the consideration of farmers’ benefit, will bring about a major transformation to the lives of farmers,” Modi added.

In a series of tweets, the Prime Minister said the scheme includes successful aspects of the existing schemes and “effectively addresses” whatever was lacking in those schemes.
The scheme has the lowest premium, it entails easy usage of technology like mobile phone, quick assessment of damage and disbursement within a timeframe,” he said.

The definition of disaster has been expanded to include aspects like flooding of crop and damage after harvest, Modi said, adding “special attention” has been paid to several other aspects.

“It is easy to subscribe to the scheme and easy to benefit. So, do join it,” he told the farming community which is in distress and many of whom have many committing suicide.

Here are the series of his tweets and Full Video on New Crop Insurance Scheme.

Below is the difference between PM Modi’s New Crop Insurance Scheme and other similar schemes of the past as posted by Vivek Shetty.

Vivek Shetty – Mobile Uploads | Facebook

And here is the Full video on the New Scheme as covered by Sudhir Chaudhary of Zee News.


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