Dr K Sudhakar has urged the Union Government to expand the scope of PM Fasal Bima Yojana and PM-Kisan Yojana by bringing additional agricultural activities within their purview.
Chikkaballapur constituency near Bengaluru is home to a range of farming activities including sericulture, livestock, dairying and aquaculture.
The two flagship insurance schemes have had a profound impact on the lives of Indian farmers, the BJP MP said participating in a discussion in the Lok Sabha on Friday.
Since the launch of the PM Fasal Bima Yojana in 2016-17, the Centre has insured 55.49 crore farmer applications, leading to claims totaling Rs 1,50,589 crore. In the same way, the PM KISAN scheme has disbursed about Rs 2.81 lakh crore through direct benefit transfer (DBT) to more than 11 crore farmers.
The two schemes, however, do not currently extend to other agricultural sectors, such as sericulture, livestock farming, aquaculture, and others. Sudhakar, a former Karnataka minister, said it was important to broaden the scope of these programmes to include farmers engaged in dairy, sericulture, aquaculture, and similar fields.
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