As an AI language model, I do not have personal experience in crop insurance for paddy. However, here is an article about registration details of crop insurance for paddy:
Paddy is one of the most important crops grown in India. However, paddy crops are always vulnerable to natural calamities like floods, droughts, pest attacks, and other risks. Crop insurance is a solution to protect farmers from the financial loss caused by these risks.
The government of India has introduced various crop insurance schemes for the benefit of farmers. One such scheme is the Pradhan Mantri Fasal Bima Yojana (PMFBY), which provides financial assistance to farmers in case of crop loss due to natural calamities.
If you are a farmer looking to register for crop insurance for paddy under PMFBY, here are the details:
1. Eligibility: To be eligible for crop insurance under PMFBY, you need to be a farmer who owns or cultivates the land. The insurance cover is available for all crops notified by the government.
2. Registration: You can register for crop insurance by visiting the nearest Agricultural Insurance Company (AIC) office or by contacting an authorized Crop Insurance Agent (CIA). You will be required to submit the necessary documents like land ownership or tenancy papers, crop details, and identity proof.
3. Premium: The premium for crop insurance is decided based on various factors like crop type, location, risk level, etc. The government provides a subsidy of up to 90% of the premium amount. The remaining premium amount will be paid by the farmer.
4. Sum insured: The sum insured is the maximum amount payable in case of crop loss. The sum insured is fixed based on the market value of the crop. The sum insured for paddy under PMFBY ranges from Rs. 15,000 to Rs. 72,000 per hectare.
5. Coverage: The insurance cover under PMFBY is available for all stages of crop development, from sowing to harvest. The coverage also includes losses due to natural calamities like floods, droughts, cyclones, etc.
In conclusion, crop insurance is a vital tool for farmers to mitigate financial risks in agriculture. It is essential to register for crop insurance to safeguard your crops and ensure a secure income. To register for crop insurance for paddy under PMFBY, visit the nearest AIC office or contact an authorized CIA.