Prospect of Insurance for Farmer Producing Organization in Jharkhand

The insurance schemes are being provided for the farmers of Jharkhand by the government and non-government organizations. This basically safeguard the farmers financially against the non preventable natural risk like natural disasters/calamities, insect, pest and diseases and adverse weather conditions. Recently there are four insurance schemes which are being implemented in Jharkhand as well as other states in India. They are named as:-

· Pradhan Mantri Fasal

Yojana

· Weather Based Crop Insurance Scheme

· Coconut Palm Insurance Scheme

· Pilot Unified Package Insurance Scheme