About Scheme

A- Short Title, extent and commencement:

1. The scheme is called “National Livestock Mission Risk Management and Insurance scheme”
2. The scheme is extended to cover livestock in the entire state of Maharashtra through The New India Assurance Company Limited

B- Objective:

1. To provide protection mechanism to Dairy animal rearers against any eventual loss of their animals due to death
2. To demonstrate and popularize the benefits of insurance of livestock and to upkeep the morale of the livestock owners
3. To retain the farmers in livestock rearing and to attain qualitative improvement in livestock and their products

C- Scope:

Assistance by the way of Government subsidy on the Livestock insurance premium rate for maximum of 5 cattle units per farmer will be extended to the livestock rearers to insure their livestock for a period of maximum three years

D- Eligibility:

1. Applicant must be a livestock rearer and a native or resident of Maharashtra
2. Applicant must be an adult citizen
3. The applicant is eligible to insure all permissible 5 cattle units in a single year or in subsequent years and will be considered afresh only after a lag of 3 years from the date of insuring the 5th cattle

E- Details of Government Subsidy:

F- Implementing Agency:

The Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture, Government of India will be implementing the scheme through the Department of Animal Husbandry and Animal welfare, Government of Maharashtra.

G-  Methodology of Selection:

1. In order to create awareness and inculcate interest among the livestock rearers, the implementing agency will arrange for wide publicity of the scheme in all communes through the respective Veterinary assistant surgeon
2. The concerned veterinary assistant surgeon will scrutinize the applications and verify the details of the livestock rearers and their livestock for eligibility as per the scheme guidelines. The selection committee will then extend coverage for insurance

H- Pattern of Assistance:

The patterns of assistance provided are in form of:

1. Subsidy on the livestock insurance premium rate for maximum of 5 cattle units per farmer for a period of three years
2. Subsidy payments will be made against the eligible beneficiaries directly to New India Insurance company so that the insurance cover can take effect immediately
3. Stipulations issued under the National Livestock Mission by the Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture, Government of India

I – Mode of Implementation:

1. The respective Veterinary Assistant surgeon will physically verify the livestock and issue Health Certificate after applying artificial identification vis. Ear tags or microchips based upon the preference of the selected insurance company and submit a report along with two photographs of the animal having clear visibility of the ear tags and of which one photograph along with the beneficiary
2. On ascertaining the fulfilment of the project components the selection committee shall recommend to The New India Assurance Company Limited to adjust the subsidy portion against the selected beneficiary and immediately issue the insurance cover for a period of maximum three years
3. The selection committee shall also recommend to release the honorarium component to the respective veterinary assistant surgeon under the National Livestock Mission as per specifications

J- Terms and conditions for selection of dairy animals for insurance:

1. Breedable crossbred dairy animal must be selected
2. Age must be between 2.5 years and 6 years
3. The inducted dairy animal must have calved once
4. Pregnant animals must not be inducted
5. Peak period average milk yield must not be less than 10 litres per day
6. Animals must be apparently healthy and vaccinated against preventable diseases
7. Own animals of the livestock rearers must be inducted
8. Purchased animals must be inducted after the lag of quarantine period
9. The animals with previous artificial identification marks viz., ear tags or Microchips shall be inducted only after the consent of The New India Assurance Company Limited
10. Valuation of the dairy animal will be fixed based upon the Government order released from time to time

K- Inspection after implementation and health coverage:

During the period of policy cover, the respective veterinary assistant surgeon will make periodical inspections of the animal and shall be responsible for complete health coverage including the breeding aspect, insurance and claims. The selection committee will also make periodical verification of the implementation of the scheme

L- Transfer of Insurance policy along with the Animal:

In case of sale of the animal or otherwise transfer of animal from one owner to other, before the expiry of the insurance policy, the authority of the beneficiary for the remaining period of policy will have to be transferred to the new owner with the consent of The New India Assurance Company Limited under the certification of the respective veterinary assistant surgeon.