The Bhamashah Pashu Bima Yojana is the Animal Insurance scheme by the Rajasthan government. The scheme allows the farmers in the animal husbandry sector to insure a certain number of their animals with a minimal premium amount. They will get subsidised premiums with the state government bearing the major share of the amount. In return, the farmers will get an insurance amount in case their animals are dead due to calamities or other diseases. This article will explain this plan.
The Rajasthan Bhamashah Pashu Bima Yojana is one of the successful schemes of the state government. With the help of this scheme, a farmer could get up to INR 50,000 as animal insurance for the loss of an animal. The scheme allows them to insure 5-10 animals, depending on their size. Further details about the scheme are given in the table below.
CATEGORY | REMARKS |
Insurance For | Up to 10 small animals Up to 5 big animals |
Premium Plan | 70% premium paid by government 30% by the beneficiary |
Cow Insurance | Up to INR 40000 |
Insurance For Buffalo, Sheep, Horses, Camel Etc | Up to INR 50000 |
Premium Amount | INR 330 to INR 688 paid by the beneficiary |
You cannot apply for the Rajasthan Bhamashah Pashu Bima Yojana online. Farmers must have a Bhamashah card to insure more animals.
At the time of the animal’s death, you must inform the insurance company immediately or within 6 hours. Immediately if it is daytime, and the next morning itself if the animal died at night. They will send someone for assessment. A post-mortem of the animal will be necessary.
Bhamashah Pashu Bima Yojana has been a game changer for animal rearers. In the past, many farmers in animal husbandry had to suffer huge losses due to the untimely death of their animals. This Bhamashah Pashu Bima Yojana is brought about to cut down such losses and provide some kind of financial support to the sufferers.
Note: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. Pesticides are a considerable risk of loss in crops and viewers are advised to do their own research before making any decisions.
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