The Haryana government decided to cover farmers growing horticultural crops against abiotic factors under a specially-designed scheme- Mukhyamantri Bagwani Bima Yojana (MBBY).
- The State cabinet under chairmanship of Chief Minister Manohar Lal Khattar approved the implementation of MBBY.
- The State government will keep aside seed capital of Rs 10 crore for the scheme.
About Mukhyamantri Bagwani BimaYojana (MBBY)
i.MBBY is an assurance-based scheme to compensate crop losses due to adverse weather and natural calamities.
ii.The scheme was designed as Horticulture Crop Assurance Scheme with the aim to encourage farmers to cultivate high-risk horticulture crops.
iii.The scheme will be optional and shall cover the entire state.
iv.The scheme will be monitored by state and district level committees, under Pradhan Mantri Fasal BimaYojana (PMFBY).
Parameters of the MBBY
i.The scheme will cover crop losses occurred by abiotic factors like- hailstorms, frost, rainfall, flood and fire.
ii.A total of 21 vegetable, fruit and spice crops will be covered.
iii.Farmers need to pay 2.5 per cent, that is Rs 750 for vegetable and spice crop and Rs 1000 for fruit crops, against a sum assured of Rs 30,000 and Rs 40,000 respectively.
Compensation
i.The extent of loss will be in four categories of 25, 50, 75, and 100 per cent and the claim compensation will be based on survey .
ii.Farmers have to register their crop and area on Meri Fasal Mera Byora (MFMB) portal to opt for this scheme.
About Haryana
Governor: Bandaru Dattatreya
Capital: Chandigarh
Airports: Ambala Air Force Station, Hisar Airport andSirsa Air Force Station.
