Table – 3
S.No Year
Insurance
Penetration
(Cultivators)
Insurance Penetration
(Acreage)
1 2007-08 20%
(24 millions) 38 million hectares 2008-09 25%
(30 millions 48 million hectares 2009-10 30%
(36 millions 58 million hectares 2010-11 35%
(43 millions 69 million hectares 2011-12 40%
(50 millions 80 million hectares
4.2. (vi. National Agricultural Insurance Scheme (NAIS) - Fundamental Issues:
The limited expansion in the scope and content of crop insurance, in the form of NAIS, did not measure up to the expectations of the farming community. The key issues for this, based on review, have been identified as follows. The insurance unit is presently too large. Guaranteed Yields do not reflect the reasonable aspirations of farmers.
3. The present indemnity levels are inadequate. Inordinate delays in the settlement of claims. Inadequate risk / loss coverage. Poor infrastructure facilities for coverage of non-loanee farmers .
7. Insurance coverage is not available for Fruits, Vegetables etc. Lack of composite insurance covering crops & other assets
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