7 Lakh Farmers in Rajasthan to get Insurance Cover of Rs. 6 Lakh

Nearly seven lakh farmers who have availed crop loan through Cooperative Banks in Rajasthan will get an insurance cover of Rs 6 lakh by giving only Rs 27 as yearly premium, reported a national news agency on Saturday. Rajasthan government has raised the insurance amount by one lakh in the present fiscal year in the 'Raj Sahakar Personal Accident Insurance Scheme', targeted to cover more than 25 lakh farmers, a state minister said. Last year, the insurance amount was Rs 5 lakh and 23.31 lakh farmers were covered with the insurance.

“Rajasthan is the first state in the country which is providing high insurance cover at a very nominal premium. We target to cover more than 25 lakh farmers with the scheme this financial year," said Cooperative Minister of Rajasthan Ajay Singh Kilak.