Farmers get insurance cover for buying IFFCO fertilizers
THANJAVUR: Farmers who purchase IFFCO fertilisers through Primary Agriculture Co-operative Banks in Thanjavur will get insurance cover, said K.V.S. Kumar, Joint Registrar of Co-Operatives, Thanjavur district here on Thursday.
In a press release he said that fertilisers are sold without any hitch now for credit and cash to the farmers in the district through Primary Agriculture Co-operative Banks.
Those who purchase IFFCO’s fertilisers like IFFCO DAP, IFFCO Complex, IFFCO Urea through PACBs will get Rs.4000 per bag and Rs.One lakh for those who purchase a maximum of 25 bags as insurance cover under individual insurance scheme.
The farmers who purchase IFFCO fertilizers should keep the receipt and whenever mishaps like snake bite, insect bite, struck by lightning and electrocution happen they can get the insurance amount by producing the receipts.
Farmers can avail this amount for one year after the mishap. There is no need to pay premium. Receipt alone will do.