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Box Seed Crop InsuranceThe Government introduced a Pilot Scheme on Seed Crop Insurance (PSSCI) during Rabi 1999-00 season for Breeder, Foundation & Certified seeds in the following States and Crops:
Andhra
Pradesh Paddy, Maize, Jowar, Bajra, Sunflower, Cotton, Groundnut,
Red gram, Castor Jute.
Gujarat
Bajra, Wheat, Gram, Cotton, Groundnut, Maize, Red gram & Castor.
Haryana Paddy, Wheat, Gram,
Red gram &
Cotton
Karnataka Paddy, Maize, Jowar, Bajra, Ragi, Sunflower. Cotton, Groundnut, Red gram,
Bengal gram, Black gram,
and Green gramMadhya Pradesh Paddy, Wheat, Gram, Soyabean, Sunflower, Cotton, Red gram, & Mustard.
Maharashtra Paddy, Jowar, Bajra, Wheat, Gram, Soyabean, Sunflower, Cotton Groundnut,
Red gram, Green gram & Black gram.
Orissa
Paddy, Groundnut, Red gram & Cotton
Punjab
Paddy, Wheat, Gram, Red gram, Soyabean, & Cotton.
Rajasthan Wheat, Gram, Soyabean, Groundnut, Red gram, Cotton, Bajra, Castor &
Mustard.
Uttar Pradesh Paddy, Wheat, Gram, Soyabean, Sunflower, Red gram, Cotton, Potato, Pea &
Mustard.
The Scheme provided risk coverage at field level & certification level. The field stage
cover had three sub covers, viz. (i) Failure of seed crop in the field either in full or in part due to natural and non preventable perils (ii) Loss in Expected Raw Seed Yield due to prevalence of excessive rain,
blowing of hot and or cold wind, excessive hot weather during flowering or seed setting stage and
(iii) Loss of Seed Crop in the field after harvest due to natural and non preventable perils.
At certification stage, rejection of seed lots due to failure in Germination Test due to operation of natural and non preventable perils during field stage.
Sum Insured is equivalent to preceding three/five year’s average Seed Yield certified in respect of the identified unit area multiplied by Procurement Price of the seed crop variety prevailing in the previous season by National Seed Corporation (NSC. Premium rates are actuarial and ranged from to 5%. There was no subsidy in the premium.
The scheme continued for three seasons (till Rabi 2000-01 season) and was suspended due to lack of participation from seed growers. The season-wise coverage was as follows:
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