Why in news?
Jharkhand is going to replace PM’s crop insurance scheme for farmers with its own crop relief scheme.
What is Jharkhand’s Kisan Fasal Rahat Yojana?
- It is a compensation scheme which provides security cover to farmers for the damaged crops occurring due to natural calamity.
- The main aim of the scheme is food safety, crop diversification, rapid agriculture development paving way for competition.
- The scheme will cover both land owning and landless farmers.
- The Department of Agriculture, Animal Husbandry and Co-operative will be the implementing agency.
- The department will work in association with project management unit which will take care of technical requirements.
- But it is not an insurance scheme where premiums are paid.
How many farmers does Jharkhand have?