January 9, 2016 2:11 PM

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Government to launch new crop insurance scheme in 2016-17

The government will launch new crop insurance scheme in 2016-17. Agriculture Minister Radha Mohan Singh told reporters in New Delhi Friday that discrepancies in the existing scheme have been identified and ministry has come out with new crop insurance scheme. He said, new technologies, including drones, will be used to assess crop damage faster. Under the proposed crop insurance scheme, the premium to be charged from farmers will be kept lower and focus will be on early settlement of claims.

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