Haryana state government has announced the Haryana Fasal Suraksha Yojana (HFSY) to provide financial assistance to cotton farmers in seven districts after the refusal of a crop insurance company to give cover to kharif crop in Hisar, Jind, Ambala, Gurugram, Karnal, Mahendragarh and Sonepat.
As per the notification, the department has asked farmers to pay Rs 1,500 as a fee for the crop registered on the MFMB portal. The government will pay a maximum financial assistance of Rs 30,000 per acre to the farmers based on crop-cutting experiments (CCE).
An agriculture official said about 1.4 lakh hectares of cotton area in Hisar had suffered massive damage due to pink bollworm. However, Hisar, the farmers could not get their crops insured after the firm refused to do so due to a pending court case.
The government notified the HFSY on September 22 for cotton only for Cluster 2. Farmers have been asked to pay Rs 1,500 as a fee for the crop registered on the MFMB portal. The government will pay a maximum financial assistance of Rs 30,000 per acre based on crop-cutting experiments.
Haryana government to insure cotton crop
