Question

Benefits of crop, orchards, animal and poultry insurance to the farmers.

Answer 1

insurance is any kind of protection against any kind of finanacial loss.earlier there was only a life insurance but these days there are all kinds of insurances .its a good step that the government has introduced the insurance concept even for farmers.this insurance has comeup after the multiple farmer suicide cases every year.the govenment has taken up a good step towards the farmers because as we know that farming and poultry is a very risky job.the farmers involve so much of hardwork in growing crops but at last moment the crops dont grow or get wasted due to flood rain or draught etc.the poor farm ers get really deprssed.if the farmeres can get insurance in cropping then they may insure the money even if the crop gets destoyed.
similiarly in case of poultery many time the animals may die gow sick or may not produce milk eggs or other products but if the farmers would insure the risks like dying of animals or loss then they may recover their money later.