What step has the Government taken to enhance tech infusion in crop insurance schemes till 2025-26
Government extends two crop insurance schemes till 2025-26 and creates a fund of ₹824.77 crore for tech infusion in agriculture.
1. The government has extended two crop insurance schemes till 2025-26 to ensure the financial security of farmers in case of crop loss.
2. A fund of ₹824.77 crore has been allocated specifically for technology infusion in agriculture to enhance the effectiveness of crop insurance schemes.
3. This fund will be utilized to leverage technologies such as satellite imaging, drones, remote sensing, and weather forecasting to improve crop yield estimation and loss assessment.
4. By integrating technology into crop insurance, the government aims to streamline the claims process and provide faster and more accurate compensation to farmers in the event of crop damage.
5. The implementation of technology in crop insurance schemes is expected to boost efficiency, transparency, and trust among farmers towards these initiatives.
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4 months ago