JAIPUR: The Rajasthan authorities has made crop insurance voluntary out of Kharif 2020 year whilst procuring loan from financial institutions beneath PM Crop Insurance Scheme, an official said.
Farmers will need to fill out an application asking to keep them independent from crop insurance whilst accepting harvest loan from financial institutions, agriculture commissioner Dr Om Prakash stated.
Farmers may offer their program to the financial institutions by July 8. A form will be made available from the bank or lender, he added.
The Centre has determined July 15 since the final date to acquire the crop insurance from the farmers, Prakash said.