Finance Minister Shri Arun Jaitley: Low premium New Crop Insurance Insurance Scheme would reduce distress in the Farm Sector; Launches the NABARD Agri-Credit Monitoring portal, which will help financial institutions to monitor the status of agricultural loans given to farmer; Unveils the Roadmap of E-Shakti Expansion Programme of digitization of Self-Help Groups (SHGs)

Finance Minister Shri Arun Jaitley: Low premium New Crop Insurance Insurance Scheme would reduce distress in the Farm Sector; Launches the NABARD Agri-Credit Monitoring portal, which will help financial institutions to monitor the status of agricultural loans given to farmer; Unveils the Roadmap of E-Shakti Expansion Programme of digitization of Self-Help Groups (SHGs) https://www.taxtmi.com/news?id=15949 The New Crop Insurance Scheme establishes a low-premium, large-volume insurance framework to expand farmer coverage and reduce farm-sector distress by mobilising banking, insurance and financial systems. It modifies loss-determination through local level assessment for calamities and mandates rapid estimation and early settlement of claims using mobile and remote-sensing technology. Complementary measures include a NABARD Agri-Credit Monitoring portal to track agricultural loans and an E-Shakti roadmap for digitising Self-Help Groups, with stakeholder consultation and possible penalties for delayed claim settlement. en-us Tue, 22 Mar 2016 18:22:34 +0530 Tue, 22 Mar 2016 18:22:34 +0530 TaxTMI RSS Generator Finance Minister Shri Arun Jaitley: Low premium New Crop Insurance Insurance Scheme would reduce distress in the Farm Sector; Launches the NABARD Agri-Credit Monitoring portal, which will help financial institutions to monitor the status of agricultural loans given to farmer; Unveils the Roadmap of E-Shakti Expansion Programme of digitization of Self-Help Groups (SHGs) https://www.taxtmi.com/news?id=15949 The New Crop Insurance Scheme establishes a low-premium, large-volume insurance framework to expand farmer coverage and reduce farm-sector distress by mobilising banking, insurance and financial systems. It modifies loss-determination through local level assessment for calamities and mandates rapid estimation and early settlement of claims using mobile and remote-sensing technology. Complementary measures include a NABARD Agri-Credit Monitoring portal to track agricultural loans and an E-Shakti roadmap for digitising Self-Help Groups, with stakeholder consultation and possible penalties for delayed claim settlement. News - Tue, 22 Mar 2016 18:22:34 +0530 https://www.taxtmi.com/news?id=15949