Andhra Pradesh state's YSR Free Crop Insurance initiative has become a major support system for cultivators, as it provides coverage for almost all notified agricultural produce. The total acreage protected under this complimentary insurance program in AP continues to grow steadily. With a rising number of participants, this guide explains the details of the AP Jagananna Free Crop Insurance program.
Update: Following the transition in leadership to Chief Minister Chandrababu Naidu, the YSR Free Crop Insurance Scheme has been discontinued. The Pradhan Mantri Fasal Bima Yojana (PMFBY) is currently the active program for crop insurance coverage in Andhra Pradesh.
Overview of AP YSR Free Crop Insurance
Former Andhra Pradesh CM Y.S. Jagan Mohan Reddy distributed financial aid via the "YSR Free Crop Insurance" initiative to farmers who faced Kharif crop damages. The administration emphasized its commitment to protecting the farming community during difficult times by eliminating premium costs for cultivators. The state revamped the system by covering all insurance premiums, ensuring that those registered on the e-crop portal received direct payments without the interference of middlemen.
The AP government successfully disbursed insurance settlements for Kharif seasons under this initiative. Funds were transferred directly into the verified bank accounts of eligible farmers. This free insurance program was a key election promise fulfilled by Jagan Mohan Reddy shortly after assuming office.
Processing Crop Loss Claims
When farmers experience crop failure due to various external factors, their claims are addressed by the state government under this protective policy. The settlement funds are deposited directly into the farmers' bank accounts via Direct Benefit Transfer (DBT). These payments serve as a financial safety net to help mitigate agricultural losses.
The AP YSR Free Crop Insurance Scheme provided extensive coverage for diverse crops across the state. Farmers were not required to pay any premiums to receive these benefits, with a nominal registration fee of only Re. 1.
Registration for AP YSR Free Crop Insurance
Key highlights and benefits of the AP YSR Free Crop Insurance Scheme include:
- Direct support for the agricultural community of Andhra Pradesh.
- Broad protection for vast tracts of cultivated land.
- The state government bears the full burden of insurance premiums.
- Coverage applies to a wide variety of crop types.
- Simple enrollment process requiring a nominal fee of Rs. 1.
The state government had allocated sufficient funds in the annual budget to support this insurance initiative.
Research centre
The Institute of Rural Management Anand (IRMA) is establishing the Andhra Pradesh Centre for Advanced Research on Livestock Limited (APCARL) in Pulivendula. The foundation stone for the IRMA-AP collaboration has been officially laid.
Source / Reference link: https://apagrisnet.gov.in/crop.php