Further, they also feel the losses on account of damage by wild animals, should be covered in the scheme and the losses be assessed on an individual basis.
The Working Group supports
the view of Joint Group, that localized calamities should be assessed on an individual basis in all the areas. However, with respect to damage by wild animals,
it maybe prudent to avoid this, as it is not considered an insurable loss.
Alternatively, the losses assessed and paid through insurance,
for damage by wild animals,
may be made good by the government to the insurance company, instead of charging a premium for the risk.
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