Farmers associated with Rajasthan cooperative dairy federation will be covered with an insurance of Rs 5 lakh under a “first-of-its-kind” scheme announced by the state government, reports Press Trust of India.
The scheme, announced is probably the first ever personal insurance scheme for dairy farmers in the country, according to Rajasthan Cooperative Minister.
Women and SC/ST category beneficiaries will have to pay a premium of Rs 20.25 annually, while the premium for general category dairy farmers will be Rs 24.30, the minister said.
The state government has signed an MoU with United India Insurance Company for the ‘Raj Saras Suraksha Kavach Bima Yojna’ under which insurance cover of Rs 5 lakh will be provided.
