Telangana farmers to get Rs 5-lakh life cover from June 2

[TampaChinnodu]

Agriculture minister Pocharam Srinivas Reddy on Sunday held a meeting with LIC officials to finalise the modalities for the scheme.

 As per revenue records purified by the state government recently, there are nearly 72 lakh farmers in the state. (Representational image)

Hyderabad: The Rs 5-lakh free insurance scheme for farmers announced by Chief Minister K. Chandrasekhar Rao recently will be implemented from June 2 on the occasion of Telangana State Formation Day.

Agriculture minister Pocharam Srinivas Reddy on Sunday held a  meeting with LIC officials to finalise the modalities for the scheme.

 

 

The CM announced that there was no need for farmers to pay any premium to avail this scheme and the government itself will bear the premium on their behalf.

As per revenue records purified by the state government recently, there are nearly 72 lakh farmers in the state.

The families of deceased farmers will get Rs 5 lakh compensation in case of the death of a farmer covered under the scheme for any reason. Though the premium amount for each farmer is yet to be finali-sed, the government exp-ects it to be nearly Rs 1,000.

With this, the government needs to spend around Rs 720 crore every year towards payment of premium on behalf of farmers. The funds required for the purpose will be allotted in the Budget 2018-19.

[TampaChinnodu]

I don't understand. Why not give crop insurance itself instead?

Chani pothe ne 5 lacs antey , farmers will still commot suicides to help family after their death. 

[LordOfMud]

23 minutes ago, TampaChinnodu said:

I don't understand. Why not give crop insurance itself instead?

Chani pothe ne 5 lacs antey , farmers will still commot suicides to help family after their death. 

Rajaaaaa.......committed suicide gets 0 .......so.....no more suicides........

[AlaElaAlaEla]

2 minutes ago, LordOfMud said:

Rajaaaaa.......committed suicide gets 0 .......so.....no more suicides........

[LordOfMud]

3 minutes ago, AlaElaAlaEla said:

Pic lo oka athanu...... naaku familiar gaa koduttunnadu !!.........

[AlaElaAlaEla]

1 minute ago, LordOfMud said:

Pic lo oka athanu...... naaku familiar gaa koduttunnadu !!.........

who is he ??

[LordOfMud]

4 minutes ago, AlaElaAlaEla said:

who is he ??

 

 

Got it........center lo w/blk hat......thats U        

[AlaElaAlaEla]

Just now, LordOfMud said:

 

 

Got it........center lo......thats U        

 

 

 

 

[Raasko]

11 minutes ago, LordOfMud said:

Rajaaaaa.......committed suicide gets 0 .......so.....no more suicides........

Still @TampaChinnodu raised a valid point... crop insurance or some other benefits are much more beneficial. Suicides often potrayed as natural deaths isn’t a new phenomenon in India , sadly. Hope it doesn’t encourage more poor farmers to take that route. 

[LordOfMud]

8 minutes ago, Raasko said:

Still @TampaChinnodu raised a valid point... crop insurance or some other benefits are much more beneficial. Suicides often potrayed as natural deaths isn’t a new phenomenon in India , sadly. Hope it doesn’t encourage more poor farmers to take that route. 

who cares cheep Indian farmers         

[MagaMaharaju]

48 minutes ago, LordOfMud said:

who cares cheep Indian farmers         

[AlaElaAlaEla]

8 minutes ago, MagaMaharaju said:

[Imperial_09]

1 hour ago, TampaChinnodu said:

I don't understand. Why not give crop insurance itself instead?

Chani pothe ne 5 lacs antey , farmers will still commot suicides to help family after their death. 

 

1 hour ago, Raasko said:

Still @TampaChinnodu raised a valid point... crop insurance or some other benefits are much more beneficial. Suicides often potrayed as natural deaths isn’t a new phenomenon in India , sadly. Hope it doesn’t encourage more poor farmers to take that route. 

Terrific...analysis.

This whole thing is a crap. 

 

[TampaChinnodu]

2 hours ago, LordOfMud said:

Rajaaaaa.......committed suicide gets 0 .......so.....no more suicides........

Where is it mentioned that they wont give if it is suicide ? 

Quote

The families of deceased farmers will get Rs 5 lakh compensation in case of the death of a farmer covered under the scheme for any reason. 

 

[LordOfMud]

2 hours ago, TampaChinnodu said:

Where is it mentioned that they wont give if it is suicide ? 

 

Full Policy with fine print soodu......first find out which company is providing this insurance........I'm sure India lo life policy companies follow suicide as a committed crime.........crime ki dabbulu istharaa .......