Season
Hectares
covered
Sum Insured (Rs.)
Premium (Rs.)
Rabi 1999-00 1547.32 1,36,88,679 4,49,709
Kharif 2000 373.57 43,79,814 1,14,151
Rabi 2000-01 23.00 4,69,050 16,425
Total
1943.89 1,85,37,493
5,80,285
The main reasons perceived for poor acceptance of the scheme was. Nonavailability of premium subsidy. Insurance unit identified for arriving at average yield for working out sum insured was too big. Lack of cooperation from seed producers and lack of interest from States and State agencies. Poor awareness & publicity. Insurance demand for truthful seed labels, which was not eligible for insurance coverage under the pilot scheme
Working Group feels seed is the key input in agricultural production and there is a strong demand for quality seed. The Group, therefore, felt a strong need for reviving the seed insurance scheme with appropriate modifications to provide support to the seed industry.
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