Dairy Cattle Insurance: Cattle rearers in Bihar can now breathe a sigh of relief regarding the insurance of their dairy animals. The Directorate of Animal and Fisheries Resources Department has initiated a program to provide insurance for dairy cattle.
Required to contribute only 25 percent of the insurance premium
To benefit from this insurance scheme, applicants are required to contribute only 25 percent of the insurance premium, while the government will cover the remaining 75 percent. The primary aim of this initiative is to offer financial protection to livestock farmers across all categories by insuring their milch cattle against potential losses due to severe diseases such as lumpy skin disease, HSBQ, and other causes, thereby enhancing the rural economy.
The total insurance premium at a rate of 3.5 percent amount…
As per information from the District Dairy Department Office, the maximum insurable value for each milch cattle under this scheme is set at Rs. 60,000. Consequently, the total insurance premium at a rate of 3.5 percent amounts to Rs. 2,100, of which Rs. 1,575 will be provided as a grant by the state government. The cattle owners will be responsible for the remaining 25 percent, which totals Rs. 525, to be paid to the insurance company.
Healthy dairy cattle
Priority will be given to the milch animals of members belonging to milk-producing cooperative societies for insurance coverage. Only healthy dairy cattle, which possess a health certificate issued by a qualified veterinarian, will be eligible for insurance under this scheme. The overarching goal of the cattle insurance program is to ensure financial security for cattle owners against serious diseases, while also facilitating financial distribution as part of the scheme’s objectives.
How to apply
To apply, individuals must submit their applications online through the Directorate of Cow Development’s website at https://dairy.bihar.gov.in. The implementation of this scheme will be overseen by the District Cow Development Officer.