Loading

INCENTIVES AVAILABLE UNDER THE VARIOUS SCHEMES OF THIS DEPARTMENT

Insurance: Department is implementing Risk Management & Insurance component under National Livestock Mission

1. Insurance premium Rates

For one year For three years
@ 3% in normal areas @ 7.5% in normal areas
@ 3.5% in NER @ 9% in NER
@ of 3.5% in difficult areas @ of 10.5% in difficult areas

2. Pattern of Assistance

Subsidy on premium: Normal Areas
For APL farmers: For BPL/SC/ST farmers:
25% GoI share 40% GoI share
50% beneficiary share 30% beneficiary share
25% State Share 30% State Share
Subsidy on premium: Near Areas
For APL farmers: For BPL/SC/ST farmers:
35% GoI share 25% State Share
50% GoI share 30% State Share
40% beneficiary share 20% beneficiary share
Subsidy on premium: Difficult Areas
For APL farmers: For BPL/SC/ST farmers:
45% GoI share 25% State Share
60% GoI share, 30% State Share
30% beneficiary share 10% beneficiary share