The Parliamentary Committee in the country has given an important suggestion to the government for the welfare of farmers. This committee has also suggested the inclusion of losses caused by stray animals in the Prime Minister Crop Insurance Scheme (PMFBY). Along with this, it has also been recommended to provide financial assistance of Rs 100 per quintal to paddy farmers to stop the burning of crop residues. The Parliamentary Committee has also recommended free compulsory crop insurance to small farmers cultivating up to two hectares.
The report of the Standing Committee of Parliament on Agriculture, Animal Husbandry, and Food Processing was presented in the Lok Sabha on Wednesday. The committee said in its report that the objective of PMFBY (Pradhan Mantri Fasal Bima Yojana) is to provide financial assistance to farmers in case of crop loss due to natural disasters, pest attacks, and other adverse conditions.
What did the committee do regarding compensation?
According to the report, 'The committee has suggested that damage caused to crops by stray animals can be considered to be included under PMFBY so that farmers whose crops are destroyed by stray animals are also entitled to get compensation under PMFBY.'
It asked the government to resolve issues such as delays in the release of funds from state governments and inadequate compensation for losses as soon as possible so that the effectiveness of this scheme can be improved.
The committee said that if the government provides free compulsory crop insurance to small farmers with land up to two hectares on the lines of Pradhan Mantri Jan Arogya Yojana (PMJAY) for all citizens of the country, it can have a significant impact on the financial stability of small farmers.'
The parliamentary committee stressed the need to adopt a multi-pronged approach to address crop residue management. This approach should include a combination of policy interventions, farmer education, technological innovation, and financial incentives.
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