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Crop insurance boon for farmers
The Pradhan Mantri Fasal Bima Yojana (PMFBY) would protect the farmers from losses, said District Collector Rajiv Gandhi Hanumanthu at the Collectorate here on Tuesday.
Kothagudem: The Pradhan Mantri Fasal Bima Yojana (PMFBY) would protect the farmers from losses, said District Collector Rajiv Gandhi Hanumanthu at the Collectorate here on Tuesday.
He said they were implementing the scheme with the support of State and the Union governments. Gandhi said the farmers should pay two per cent of the premium for food grains and five per cent for commercial crops during Kharif season. The rest of the premium would be borne by the State and Central governments equally, he said.
The Telangana government has decided to extend the scheme to crops like cotton, chili, oil palm and lemon in the state, the Collector added. He advised the farmers to pay premium within time. Last date for paddy crop premium payment is August 31, and for commercial crops it is July 31.
