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Gujarat farmers to receive Rs 400 crore crop insurance

21 Jul 2015 Evaluate

Gujarat farmers those whose crops were damaged or have faced total crop failure will be receiving the crop insurance. The Centre is going to release Rs 400 crore towards crop insurance for farmers of Gujarat on July 25 that will benefit around 2.5 lakh farmers of the state.

The crop insurance is for the year 2014 and the central government decided to release the amount after considering a proposal sent by the Gujarat government. The farmers, who have paid crop insurance premium, will get the insurance amount.

Further, the centre has made arrangements to release separate funds for insurance of cotton crop failure insurance by the end of September.