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Livestock insurance set for comeback in Dakshina Kannada
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MANGALORE: Here is good news for farmers in Dakshina Kannada. The state government is reintroducing the livestock insurance scheme in the district after a break of one year.
Farmers in the region will get benefit of the total reimbursement of the price of milking cows and buffalos in the event of their death due to diseases, flood and others.
Farmers need to pay only 50% of the premium and the rest will be borne by the state government. The scheme was introduced for the first time in 2011-12 and 5,850 farmers had registered their cattle.
The scheme did not continue the next year due to various technical reasons. The government will reintroduce the scheme in 17 districts including the coastal district.
Deputy director of the department of veterinary science and animal husbandry, K V Halagappa, told TOI that the scheme has been introduced in association with United India Insurance company to help farmers.
"The livestock insurance scheme is offered only to cows and buffalos, which give at least 1,500 litres of milk in a milking phase. While 50% of the insurance premium will be borne by the central government, farmers will have to pay the rest of the amount and service tax. The total premium for three-year insurance scheme is Rs 2,795 and farmers need to pay Rs 1,551," he said.
A three-member committee will fix the market value of the cattle and the amount will be transferred to the account of the farmers in the event of their death, Halagappa said adding that farmers can avail the help of the department officials to get the insurance amount.
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