Integrated Scheme for Export Promotion & Quality Improvement in Spices and Research and Development of Cardamom: New Subcomponents:Weather Based Insurance Scheme for small cardamom
About this scheme
Weather-Based Insurance Scheme for Small Cardamom is implemented by the Spices Board under the Ministry of Commerce and Industry, Government of India, as a subcomponent of the Integrated Scheme for Export Promotion & Quality Improvement in Spices and Research and Development of Cardamom.
The scheme aims to protect small cardamom growers against adverse weather events, such as deficient or excess rainfall, high temperatures, and variations in relative humidity, which may negatively affect crop production.
The scheme is being implemented in accordance with the modalities and guidelines approved by the Competent Authority under the Integrated Scheme for Export Promotion & Quality Improvement in Spices and Research and Development of Cardamom during the 15th Finance Commission period (2021–22 to 2025–26).
Benefits
75% of premium by GoI, 15% by State Govt and 10% by Beneficiary. Board share will be ₹ 16,040/ Ha. (including GST) Registered cardamom growers having land holding size of 0.10 Ha to 8 Ha. For a beneficiary the assistance will be available for 3 consecutive years only in the block year of five years from 2021-26.
Who is Eligible
1.In Idukki district of Kerala on pilot basis
2. If the State Govt. is not sharing the premium of 10%, the same have to be compensated by the beneficiaries making their share of premium as 25%. Board as well as beneficiary farmers will pay their share of premium directly to the Insurance Company.
3. The term sheet of insurance will be provided by Insurance Company at the time of application. Claims will be settled between the Insurance Company and the beneficiary and Spices Board will not have any direct involvement on such issues.
How to Apply
Online
Registration
Step 1: The applicant should visit the ServicesPlus website.
Step 2: Click on the “Register” option on the homepage.
Step 3: Fill out the registration form by entering Full Name, Email ID, Mobile Number, Password, selecting State, and Captcha.
Step 4: Review all details carefully and submit the registration form.
Step 5: An OTP will be sent to your registered mobile number or email; enter the OTP and click “Verify.”
Step 6: Registration will be completed successfully, and a confirmation message will be displayed or sent via email.
Login
Step 1: The applicant should visit the ServicesPlus website and click on “Login.”
Step 2: Enter your Email ID, Password, and Captcha.
Step 3: Select the relevant service/scheme name.
Step 4: Fill in the required details in the application form.
Step 5: Submit the application.
Documents Required
a) Document of ownership or legal possession of land viz. patta
b) Current year land tax receipt
c)CR/ACR
d) Aadhar card
e) Copy of Bank Pass book
Who Is Not Eligible
Frequently Asked Questions
- What is the Weather-Based Insurance Scheme for Small Cardamom?
The Weather-Based Insurance Scheme provides financial protection to registered small cardamom growers against crop losses caused by adverse weather conditions such as deficient or excess rainfall, high temperature, and variations in relative humidity.
- Who implements this scheme?
The scheme is implemented by the Spices Board under the Ministry of Commerce and Industry, Government of India.
- What is the objective of the scheme?
The scheme aims to protect small cardamom growers from weather-related risks that may adversely affect crop production and income.
- Is there any limit on the number of years a beneficiary can receive assistance?
Yes. Assistance is available for three consecutive years within the five-year block period (2021–2026).
- What happens if the State Government does not contribute its share of the premium?
If the State Government does not contribute its 15% share, the beneficiary must bear the additional cost, increasing the beneficiary's contribution from 10% to 25%.
- Where is the scheme currently being implemented?
The scheme is currently being implemented on a pilot basis in Idukki district of Kerala.
- How is the insurance premium paid?
The Spices Board and the beneficiary farmer pay their respective shares of the premium directly to the Insurance Company.
- Who provides the insurance policy terms and conditions?
The Insurance Company provides the insurance term sheet and policy details at the time of application.
- Can farmers with more than 8 hectares of land apply under this scheme?
No. Only registered small cardamom growers with landholdings between 0.10 hectare and 8 hectares are eligible for assistance under the scheme.
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