Bihar Government Offers Rs 60,000 for Animal Insurance Scheme on Dairy Animal Deaths, Know on khetivyapar

Insuring dairy animals is crucial for farmers, but do you know how it saves money? The Bihar government has initiated a special scheme for this, which also provides subsidies on premiums. Let's find out how insuring dairy animals under this scheme can be beneficial for you.

Objectives of the Scheme:

The main objective of the Bihar government scheme is to protect livestock farmers from potential losses to their animals. This scheme covers losses due to diseases like FMD and other reasons leading to animal deaths. Additionally, it encourages farmers and motivates them to invest in animal husbandry.

Dairy Animal Insurance Available Subsidies:

Insuring dairy animals is an important security system for farmers that protects them from upcoming risks. Under this, the state government has introduced a special scheme where a subsidy of 75% is provided on premiums. If, for any reason, their animals suffer losses, they can receive compensation of up to ₹60,000 from the insurance company. This means that farmers will now receive more security for less money.

Features of the Scheme: Under the Dairy Animal Insurance Scheme, the maximum value for individual animals is set at ₹60,000. For farmers, the premium rate per animal is 3.5%, which makes it easier for them to insure their animals.

Dairy Animal Insurance Premium Payment Process:

Paying the premium is easy. A farmer has to pay a 3.5% premium on ₹60,000, which amounts to ₹2100. The government will provide a 75% subsidy on this amount, which is ₹1575. This means the farmer has to pay the remaining 25%, which is ₹525.

Eligibility Criteria: The Dairy Animal Insurance Scheme is available in all districts of Bihar state. It includes dairy farmers who want to ensure the complete health of their animals.

Requirement of Health Certificate: Under this scheme, only healthy dairy animals issued health certificates by veterinarians will be insured. This ensures that only those animals with a clean bill of health are insured.

Validity and Duration: The Dairy Animal Insurance Scheme will be valid for one year. During this period, dairy farmers can secure their animals under the insurance scheme.

Importance of Data Tagging: For the safety and identification of insured animals, the company will tag their ears with data tags. This ensures that the details of the animal are correct and available on time, enabling their protection.

Read More... Bihar Rooftop Gardening Scheme 2024: Get 75% Subsidy

Registration Process for Dairy Animal Insurance Scheme:

1. First, visit the official website of the Bihar government (dairy.bihar.gov.in).
2. When you reach the website, there will be an option at the top of the homepage for applying. Click on it.
3. Then, the form for the animal insurance scheme will open, where you need to fill in all the required information correctly and completely.
4. After filling out the form, click on the "Submit" button. This will successfully complete your application.