The Andhra Pradesh government has introduced a new welfare scheme aimed at supporting farmers who depend on livestock for their livelihood. Under this newly launched Livestock Insurance Scheme ( పాడి పశువులకు బీమా సౌకర్యం ), farmers will receive financial assistance if their animals die due to accidents or illness. Applications for the scheme have started from today.
The government has taken this initiative to reduce financial losses faced by dairy farmers and those involved in animal husbandry. The scheme provides insurance coverage for cows, buffaloes, bulls, oxen, sheep, goats, and pigs. In case of the death of insured animals, compensation will be directly credited to the farmer’s account.
Farmers are not required to bear the full insurance premium.
85% of the premium will be paid jointly by the Central and State governments
Only 15% of the premium needs to be paid by the farmer
Cows & Buffaloes: ₹30,000
Indigenous cattle: ₹15,000
Improved breed bulls & oxen: ₹30,000
Indigenous bulls & oxen: ₹15,000
For animals insured at ₹30,000, the total premium is ₹1,920, out of which:
Government share: ₹1,632
Farmer’s share: ₹288
For animals insured at ₹15,000, the premium is ₹960, and farmers need to pay only ₹144, with the remaining amount borne by the government.
The government has set certain limits under this scheme:
Insurance for a maximum of 10 cows or buffaloes
Coverage for up to 100 sheep/goats
Coverage for up to 50 pigs
Applications for the livestock insurance scheme have begun from January 19. Special enrollment camps are being conducted across the state where farmers can:
Get their animals medically examined
Submit insurance applications
Pay their share of the premium on the spot
Additionally, from January 31, the state government will organize free veterinary health camps. Farmers can also apply for the insurance scheme at these camps and complete the premium payment there.
The scheme is being jointly implemented by the Central and State governments to ensure that farmers do not suffer financial hardship due to accidental death or illness of livestock. This initiative is expected to provide much-needed security to farmers who rely heavily on animal husbandry for their income.