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Home Co-op News Snippets

Fasal Bima Yojana: Cut-off date extended

Parasnath by Parasnath
August 4, 2016
in Co-op News Snippets
0
Fasal Bima Yojana: Cut-off date extended
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The Ministry of Agriculture and Farmers Welfare has extended the cut-off date for submission of insurance proposals to 10th August, 2016 by relaxing its provisions in the wake of receiving a number of requests from various States.

This being the first season for implementation of Pradhan Mantri Fasal Bima Yojana(PMFBY) an extension of cut-off date on account of various reasons including delay in carrying out the requisite preliminaries and consequential delay in notification were felt.

The matter has been considered and Ministry of Agriculture and Farmers Welfare has decided to extend the cut-off date for submission of insurance proposals upto and including 10th August, 2016 by relaxing provision of Para IX (3 & 4) of Operational Guidelines of PMFBY & Weather Based Crop Insurance Scheme, reads a PIB release.

All cut-off dates for subsequent activities should accordingly be extended. This extension is valid only for crops where cut-off date earlier was 31st July, 2016. Earlier also Ministry extended the cut-off date for submission of insurance proposals under PMFBY upto 2nd August, 2016, it adds.

This is a one-time extension only and should not to be quoted as precedent in future. State Government may consider taking appropriate action regarding extension of cut-off date accordingly as deemed fit and inform all stakeholders including SLBC/Banks, it stated.

Tags: cooperativeMinistry of agriculturePIBPMFBYradha mohan singhSLCB
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