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Kerala to Introduce Insurance for Cattle

02 March 2017

INDIA - A comprehensive insurance scheme for cattle will be introduced during the current financial year, state minister for animal husbandry and forest K. Raju said Wednesday.

A total of 40,000 cattle would be insured under the scheme this year and all cattle in the state would be brought under it by next year, the minister said in the state assembly.

Farmer's share of contribution towards premium would be 25 per cent and that of government 50 per cent while the rest would be born by civic bodies, he said.

According to Manorama Online, Mr Raju said that the government has reached an agreement with a public sector insurance company for the scheme.

Labor minister T.P. Ramakrishnan said in the assembly that 34,66,550 persons have registered their names in the state employment exchanges.

As many as 7057 people got jobs after the CPM-led LDF government came to power in May 2016, he added.

TheCattleSite News Desk

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