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The Government of India experimented with a comprehensive crop insurance scheme which failed. The Government then introduced in 1999-2000, a new scheme titled “National Agricultural Insurance Scheme” (NAIS) or “Rashtriya Krishi Bima Yojana” (RKBY). [6]
The Pradhan Mantri fasal bima yojana (PMFBY) launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields. [1] It was formulated in line with One Nation–One Scheme theme by replacing earlier two schemes Agricultural insurance in India#National Agriculture Insurance Scheme and Modified National Agricultural Insurance Scheme by incorporating ...
Agriculture: Health Insurance: Health insurance scheme for the farmers in the state of Odisha. [70] Mamata scheme: 5 September 2011: Women & Child Development: Health care: Monetary support for pregnant women and lactating mothers [71] [72] [73] Biju Saharanchala Vidyutikaran Yojana (BSVY) September 2010: Energy Department: Energy
(PM Crop Insurance Scheme) CS Multiple 2016 Agriculture Insurance and finance scheme for farmers. [51] Stand-Up India: CS MoF, MoSJE: 2016 Entrepreneurship Loans for scheduled castes, scheduled tribes and women entrepreneurs for greenfield enterprises. Loans can be applied online. [52]
AIC was incorporated on 20 December 2002 with an authorized capital of Rs. 1500 crore. The initial paid-up capital was Rs. 200 crores, which was subscribed by the promoting companies, General Insurance Corporation of India GIC (35%), NABARD (30%) and the four public-sector general insurance companies (8.75%) each, viz., National Insurance Co. Ltd., Oriental Insurance Co. Ltd.,
In India a multiperil crop insurance called National Agriculture Insurance Scheme (NAIS) was implemented. This scheme is being implemented by Agriculture Insurance Company of India, an Indian government owned company. The scheme is compulsory for all farmers who take agricultural loans from any financial institution.
Agricultural wages have increased, especially for women, since the inception of the scheme. [55] [56] [57] This indicates that overall wage levels have increased due to the act, however, further research highlights that the key benefit of the scheme lies in the reduction of wage volatility. [58]
Biju Swasthya Kalyan Yojana is a universal health coverage scheme launched by Chief Minister of Odisha, Naveen Patnaik.The program extends coverage to approximately 70 lakh families, with the state government allocating a budget of 250 crore rupees.