GOVERNMENT OF TAMIL NADU

ABSTRACT

National Agricultural Insurance Scheme - Settlement of State Government share of Premium subsidy for Small and Marginal farmers for Paddy-I (Kar / Kuruvai / sornawari) and Service Charges to banks for the season to the tune of Rs.1,50,006/- - Sanctioned - Orders - Issued.

Cooperation, Food and Consumer Protection Department

G.O.Ms.No.10
Dated: 13.1.2004

Read:

1. 1.      G.O.Ms.No.294, Agriculture (Agri.I) Department, Dated: 27.7.2000.
2. 2.      From the Registrar of Cooperative Societies Lr.,No.Rc.151230/2003, ACS3, dated 28.11.2003.

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ORDER:

In the Government Order read above, the Government have issued orders for the implementation of National Agricultural Insurance Scheme in the State from 1999-2000.  Due to administrative reasons, the Government have been implementing the scheme only from Rabi 2000.  The State Level Coordination Committee on crop insurance for monitoring National Agricultural Insurance Scheme have notified 165 blocks for Paddy I/2003 Crop season.

2. The modalities of the scheme are as follows:-

1. 1.      The premium subsidy will be phased out on the sunset basis in a period of three to five years, subject to review of financial results and the response of the farmers at the end of the first year of the implementation of the Scheme.
2. 2.      Fifty percent subsidy is allowed for Small and Marginal farmers for the first year 2000-2001.  From the subsequent years, the subsidy portion will be reduced in a phased manner for the year 2002-2003, the percentage of subsidy is 20%.
3. 3.      The State Government have to pay a service charge at 1.25% of the total premium (50% of 2.5% of total premium)

3. The General Insurance Corporation has now sent the details on the premium subsidy payable by the State Government towards the State Government's share of premium subsidy for Small and Marginal farmers for Paddy-I/2003 season.

4. Based on the particulars furnished by the General Insurance Corporation of India, the Registrar of Cooperative Societies has requested the Government to sanction a sum of Rs.1,50,006/- (Rupees One lakh fifty thousand and six only) as detailed below.

5. The Government accept the proposals of Registrar of Cooperative Societies and sanction a sum of Rs.1,50,006/- (Rupees One lakh fifty thousand and six only) towards the settlement of State Government share of premium subsidy for Small and Marginal farmers for Paddy I (Kar / Kuruvai / Sornawari) 2003 and service charges to the banks for the season as detailed below:

Kharif (Other Crops) Season 2002:

6. The expenditure sanctioned in para 4 above shall be debited under the following head of account.

"2401 - 00 Crop Husbandry - 110 Crop Insurance - Schemes in the Tenth Five Year Plan - II State Plan - JA.Grants to Small and Marginal Farmers enrolled under Crop Insurance Scheme - 09.Grants in Aid - 03 Grants for Specific Schemes.

(DPC 2401-00-110-JA-0938)

7. There is a budget provision of Rs 25.00 lakhs in the Budget Estimate for 2003-2004 under the relevant head of account mentioned in para 6 above.

8. The Joint Registrar of Cooperative Societies (Intensive Agricultural Area Programme) in the office of the Registrar of Cooperative Societies is authorised to draw and disburse the amount of Rs.1,50,006/- towards State Share of premium subsidy and service charges to the General Insurance Corporation, Chennai.

9. This order issues with the concurrence of Finance Department vide its U.O.No.71239 / CF&CP / 2003, Dated 1.1.2004.

(BY ORDER OF THE GOVERNOR)

S.MACHENDRANATHAN
SPECIAL SECRETARY TO GOVERNMENT

To

The Registrar of Cooperative Societies, Chennai-10

The Accountant-General (A&E), Chennai-18

The Accountant-General (Audit), Chennai-35

The Accountant-General (A&E), Chennai-18 (by name)

The Accountant-General (Audit), Chennai-35 (by name)

The Pay and Accounts Officer (South), Chennai-35

The Director of Agriculture, Chepauk, Chennai-5

The Director of Economics and Statistics, Chennai-6

The Principal Accountant-General (Audit)I, Tamil Nadu & Pondicherry, 361, Anna Salai, Teynampet, Chennai-18

Copy to:

The Agriculture Department, Chennai-9

The Finance (BG.I / CF&CP) Department, Chennai-9

The General Insurance Corporation,

State level Crop Insurance Cell No.812, II Floor, Periyar EVR High Road, Kilpauk, Chennai-10

/Forwarded by Order/

SECTION OFFICER