A crop insurance compensation distribution program was conducted in Gautam Buddh Nagar to provide financial relief to farmers affected during the Kharif 2025 and Rabi 2025-26 seasons. Organized at the Vikas Bhawan auditorium, the initiative ensured that compensation amounts are transferred directly to farmers’ bank accounts through Direct Benefit Transfer (DBT). This step is seen as a significant move toward supporting farmers impacted by natural calamities and strengthening financial security in agriculture.
Direct Transfer of Compensation Amount
During the program, a total compensation amount of 2,417,982 rupees was released by the Agriculture Insurance Company of India Limited for insured farmers. The funds are being transferred directly into bank accounts via DBT, ensuring transparency and efficiency in the process. As part of the event, 10 farmers were given symbolic cheques, marking the formal initiation of compensation distribution.
Financial Support to Affected Farmers
Farmers from different villages received compensation based on the extent of crop damage they experienced. This financial assistance is expected to help them recover from losses and prepare for upcoming agricultural activities. Such schemes are increasingly becoming a vital tool for risk management in the farming sector.
Details of Insurance Schemes
Information about the Prime Minister’s Crop Insurance Scheme and the Restructured Weather-Based Crop Insurance Scheme was also shared during the program. For the Kharif season, paddy and millet crops have been notified under the scheme. The insured amount for paddy is set at 84,100 rupees per hectare, with a farmer contribution of 2 percent as premium. Similarly, for millet, the insured amount is 33,600 rupees per hectare with a 2 percent premium. These provisions are designed to offer maximum protection at minimal cost.
Enrollment Process and Deadlines
The scheme is applicable to both loanee and non-loanee farmers, with participation being voluntary. Farmers can enroll their crops for insurance through banks or public service centers until July 31, 2026. Additionally, in cases where harvested crops kept in fields are damaged due to events such as hailstorms or unseasonal rains, farmers must report the loss within 72 hours using the toll-free number 14447 or the crop insurance mobile application.
Collaborative Implementation Efforts
The program saw active participation from insurance company representatives, agriculture department officials, and coordinators from various levels. Representatives from different tehsils were also present, ensuring that awareness about the scheme reaches a wider farming community. Such collaborative efforts are essential for the effective implementation of government initiatives.
This compensation distribution initiative not only provides immediate financial relief but also strengthens the agricultural ecosystem by enhancing farmers’ confidence. Timely support and transparent processes are helping farmers sustain their livelihoods and continue agricultural activities with greater assurance.
