Farmers of Pudukottai district have been advised to insure their samba crop without any delay. Paddy crop is being insured in the district during the samba season through primary agricultural cooperative societies. Insurance is mandatory for those farmers who avail themselves of crop loans and optional for those who do not.
Small and tiny farmers have to pay a premium of Rs.116 an acre, minus subsidy, and others Rs.129 an acre for an assured sum of Rs. 12,944 for one acre of paddy crop. For an additional insurance for Rs. 11,328, small and tiny farmers had to pay an additional premium of Rs. 816 and others Rs. 906 an acre, according to a release from K. V. S. Kumar, Joint Registrar of Cooperative Societies.