Telangana puzzle: Suicides have dipped, but farmers continue to die in large numbers -KV Kurmanath
-The Hindu Business Line
Hyderabad: The number of farmer suicides in Telangana seems to have come down over the past few months. But the agriculture sector continues to suffer from severe distress, and a staggering 12,820 farmers who had taken the Rythu Bima insurance cover have died due to various reasons over the past year.
“About Rs.640 crore of the aggregate sum assured has been paid to the kin of 12,820 farmers who had registered for the scheme,” said C Parthasarathi, Telangana’s Principal Secretary (Agriculture).
Of the State’s 60 lakh farmers, only half have registered for the scheme, which provides a life cover of Rs.5 lakh each.
The State pays a premium of about Rs.2,200 per head to LIC, which has been given the Rythu Bima mandate. The government paid a premium of Rs.1,000 crore to the insurance firm to provide the cover.
Farmers in the age group of 18 to 59 years are eligible for the scheme, which was launched last year.
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