Which of the following statement regarding 39 PM Fasal Beema Yojana 39 is correct ........

Economic Affairs Pension and Insurance

Which of the following statement regarding 'PM Fasal Beema Yojana' is correct?

The scheme provides for a uniform premium of 2% to be paid by farmer for all Rabi crops, 1.5% for all Kharif crops and 5% for annual commercial and horticulture crops.

There is no upper limit on the Government Subsidy and the remaining premium burden will be shared equally by the Central and the State Government.

The scheme covers all yield losses except for that occurring from non-preventable risks.

The post-harvest losses are covered up to a maximum 14 days from harvesting for those crops which are kept in ‘cut and spread’ condition to dry in the field.

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Explanation:

The first statement is incorrect as the premium for Kharif is 2%, for Rabi 1.5% and for Horticulture 5% of the sum insured.

The second statement is incorrect because though there is no upper limit the burden will not shared with the state government but by the central government alone.

The thrid statement is incorrect as all yield losses from non-preventable risks are also covered here.