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Zorluk: OrtaAgriculture Sector Economics, Land Reforms, Subsidies, and Public Distribution System

With reference to the Pradhan Mantri Fasal Bima Yojana (PMFBY), the crop insurance scheme operational in India, consider the following statements:

1. The premium rate payable by farmers is uniformly fixed at 2.0%2.0\% for all foodgrains, oilseeds, and commercial/horticultural crops across both Kharif and Rabi seasons.
2. The remaining actuarial premium cost beyond the farmer's contribution is shared equally (50:5050:50) between the Central Government and State Governments for non-North Eastern States.
3. The scheme covers post-harvest losses up to a maximum period of 1414 days for crops kept in a cut-and-spread condition in the field against specific localized perils like cyclonic rains.

Which of the statements given above are correct?

  1. A
    1 and 2 only
  2. 2 and 3 onlyCevap
  3. C
    1 and 3 only
  4. D
    1, 2 and 3

Cevap

Statements 2 and 3 are correct. Statement 1 is incorrect because the premium rate payable by farmers under PMFBY is differential: 2.0% for Kharif foodgrains and oilseeds, 1.5% for Rabi foodgrains and oilseeds, and 5.0% for annual commercial/horticultural crops.
The option stating '2 and 3 only' is correct. Premium subsidy beyond the farmer's share is split 50:50 between the Centre and States for general states. In addition, post-harvest losses for cut-and-spread crops are covered up to 14 days against specific disasters like cyclones and unseasonal rains.

Adım Adım Çözüm

1
Analyze Statement 1 regarding farmer premium rates under PMFBY.
Statement 1 is incorrect.
PMFBY prescribes differential premium caps for farmers: 2.0%2.0\% for Kharif crops, 1.5%1.5\% for Rabi crops, and 5.0%5.0\% for annual commercial and horticultural crops, rather than a uniform 2.0%2.0\% rate.
2
Analyze Statement 2 regarding subsidy sharing pattern.
Statement 2 is correct.
The difference between actuarial premium rates and the farmer's share is subsidized equally (50:5050:50) by the Central and State Governments in non-NE States (for North Eastern States, the Central contribution was raised to 90%90\%).
3
Analyze Statement 3 regarding post-harvest loss provisions.
Statement 3 is correct.
PMFBY provides comprehensive risk coverage, including post-harvest losses up to 1414 days post-harvest for crops harvested and left in 'cut and spread' condition due to unseasonal/cyclonic rains.

Anahtar Kavram

Pradhan Mantri Fasal Bima Yojana (PMFBY) premium structures, subsidy sharing, and risk coverage framework
Bu soruyu puanla

Konular

Agriculture Sector Economics, Land Reforms, Subsidies, and Public Distribution System