PM to address farmers' rally in MP today

Prime Minister Narendra Modi will address farmers today at Kisan Kalyan Mela at Sehore in Madhya Pradesh. Mr Modi will highlight Government initiatives for the development of the agriculture sector and welfare of farmers. He will also release the guidelines for operationalization of the Pradhan Mantri Fasal Bima Yojana. 

The path breaking scheme for crop insurance was approved by the Union Cabinet last month. The scheme will come into



effect from the upcoming Kharif season. It envisages a uniform premium of only 2 per cent to be paid by farmers for Kharif crops and 1.5 per cent for Rabi crops. The premium for annual commercial and horticultural crops will be 5 per cent. There is no upper limit on Government subsidy for this scheme. 

The Prime Minister will also distribute soil health cards and crop insurance settlement claims to select beneficiaries.