|
National Agricultural Insurance Scheme (NAIS)
(Rashtriya Krishi Bima Yojana - RKBY)
ROLE PLAY OF VARIOUS AGENCIES
1. Role & responsibilities of financial institutions (FIs)
2. Role & Responsibilities Of State Government / Ut Administration
3. Role and responsibilities of the implementing agency (IA)
4. Duties of Farmers
ADDRESS OF REGIONAL OFFICE
1. Role & responsibilities of financial institutions (FIs)
Top
For the purpose of the Scheme, the Scheduled Institutions engaged in disbursing SAO loans as per the relevant guidelines of NABARD / RBI will be reckoned as Financial Institutions.
Each scheduled Commercial bank shall with concurrence of IA fix Nodal points which would deal with IA on behalf of branches in the division / district / state. The Nodal points for Commercial banks will be minimum one level above the Branch office. The Nodal points for Cooperative banks will be DCC Banks and those for RRBs, their Head Office.
Nodal points would be designated for implementation and these banks would attend to the following functions:
-
On receipt of the communication on notification of crops and areas from the State Govt./ UT, the Nodal banks will communicate the same to the branch offices under their control.
-
The FIs would advance additional loan to Loanee farmers to meet requirement of Insurance charges / premium as applicable upto the extent of crop loan.
-
Each such Nodal point would submit crop-wise, defined area-wise, monthly Crop insurance Declarations to the Office of IA, in the prescribed format, along with Insurance charges payable on all crop loans coming under the purview of the Scheme in case of Loanee farmers and based on Proposals received in case of other farmers.
-
The Apex FIs shall issue appropriate instructions to Nodal banks as well as crop loan disbursing branches to ensure smooth functioning of the Scheme.
-
For insurable crop loans disbursed under Kissan Credit Card (KCC), the FIs shall maintain all controls and records as required under the Scheme
Other Responsibilities of FIs will be
-
To educate the farmers on the Scheme features.
-
To guide the farmers in filing the proposal forms and collecting the required documents.
-
Following the guidelines while disbursing crop loans and ensuring proper end-use of loan disbursed.
-
To prepare the consolidated statements for Loanee and Non-Loanee members, forwarding the same to the branch along with the premium amount.
-
Maintaining the records of proposal forms, other relevant documents, statements for the purpose of verification by the district committee or representative of the insurer.
Special conditions for FIs / Nodal banks / loan disbursing points
-
FIs will submit Crop Insurance Declarations to IA on monthly basis, where sum insured is on the basis of amount of loan disbursed and within one month time from cut-off date for receipt of proposals, where sum insured is on any other basis.
-
Claims received by the Nodal points, will be remitted to individual branches/PACS with all particulars within seven days and these branches/PACS will in turn credit the Accounts of beneficiary farmers within seven days. The list of beneficiary farmers with claim amount will be displayed by the branch / PACS.
-
The IA will have access to all relevant records/ledgers at the Nodal point/Branch/PACS at all times.
-
The IA will be provided with all the norms / guidelines relating to SAO crop loan disbursements as formulated by RBI / NABARD. Any amendments / simplification of procedures / norms from time to time will be duly made available to IA by the concerned institutions. In the absence of such communication, IA shall be free to not take cognisance of such modifications.
-
In case a farmer is deprived of any benefit under the Scheme due to errors / omissions / commissions of the Nodal Bank/Branch/PACS, the concerned institutions only shall make good all such losses.
-
If the farmer is adopting mixed cropping, the sum insured of a crop should be on the basis of it's proportionate area in the mixed cropping.
2. Role & Responsibilities Of State Government / Ut Administration
Top
-
The State Government / UT will notify crop wise notified areas and premium rates as applicable (in case of commercial/horticultural crops) well in advance of each crop season.
-
The State Government / UT administration would, in advance provide to the IA, Unit Area-wise yield data of immediate past 10 years for all crops notified under the Scheme.
-
To the extent possible, the State Government / UT administration would notify smaller defined areas for various crops, keeping in mind that smaller areas will be more homogeneous and would be more reflective of all crop losses, including localized perils like hailstorm, landslide etc.
-
The State Government shall issue the requisite Notification and communicate to all participating FIs during every crop season. The Notification of the State Government may essentially contain the following information:
- Crops and Defined areas notified in various districts.
- Premium rates and subsidy, if and as applicable for various groups of farmers and crops.
- The cut-off dates for collection of proposals and remittance of premium with Crop Insurance Declarations to IA.
-
The State / UT administration will release it's contribution to Corpus Fund as per the scale and dates fixed by MOA, the Government of India.
-
The State / Union Territory administration would ensure that Crop Estimation Surveys (CES) in general, and estimation procedures in case of multiple picking crops in particular be strengthened in order to furnish accurate estimates of yield. Further, the State / UT administration will assist IA in assessing the extent of crop loss of individual insured farmers due to operation of localised perils.
-
To set up various monitoring Committees as required.
-
The final Yield data in the standard format for all Unit Areas for notified crops for the crop season will be furnished to IA within the stipulated date.
-
In case, the State /UT administration fail to furnish yield data based on requisite number of CCEs or fail to furnish yield data within the stipulated date, responsibility of such claims, if any arising out of such data will totally rest with State / UT administration.
-
The IA will be allowed unrestricted access to records of CCEs at grass root / District / State level.
-
State Government / UT admn. shall set up District Level Monitoring Committee (DLMC), headed by the District Magistrate. The members will be District Agriculture Officer, DCCB, Lead Bank representative and IA. The committee will monitor implementation of Scheme by providing fortnightly crop condition reports and periodical reports on seasonal weather conditions, loans disbursed, extent of area cultivated, etc. The DLMC shall also monitor conduct of CCEs in the district.
-
As the Scheme is optional to Non-loanee farmers, adequate publicity will be provided to ensure maximum coverage of farmers through all means available at the disposal of State / UT administration.
3. Role and responsibilities of the implementing agency (IA)
Top
-
Implementing Agency of the Scheme.
-
The IA shall open separate Accounts to deal with Corpus Fund and also premiums received under the Scheme.
-
Building up crop yield database and preparation of Actuarial premium rates through a Professional agency.
-
Underwriting and Claims finalization.
-
Responsibility for claims to the extent mentioned in the Scheme.
-
Negotiating Re-insurance arrangement in the international market.
-
Co-ordination in organizing training, awareness, publicity programmes.
-
Providing returns / statistics to the Government of India.
-
Examining and exploring possibilities of setting up separate agency for implementation of the Scheme
4. Duties of Farmers
-
As the Scheme is compulsory for all Loanee farmers availing SAO loans for notified crops, it is mandatory for all Loanee farmers to insist on coverage of all eligible loans (as per the Scheme provisions) under the Scheme.
-
If the farmer is adopting mixed cropping, the proportion of different crops in a mixed cropping will have to be compulsorily declared.
-
In respect of Non-loanee farmers, the Proposals will be accepted only upto stipulated cut-off date, which will be decided in consultation with State Government / UT admn.
The important duties in case of Non-loanee farmers are as follows:
- The farmer desiring coverage should have an Account in the branch of the designated bank.
- The farmer must approach the designated branch / PACS and submit the proposal form in the prescribed format.
- The farmer must provide documentary evidence in regard to the possession of cultivable land (copy of the pass book, 7/12 / land extract or land revenue receipt should be enclosed).
- The farmer must furnish area sown confirmation certificate, if required.
For further details Click here
ADDRESS OF REGIONAL OFFICE
Top
First Floor, Andhra Insurance Building,
Old No. 156/New No.323, Thambu Chetty Street,
Parry's Corner,
Chennai – 600 001 (Tamil Nadu)
Source
http://www.aicofindia.org/file_19.html
|
|
| 
| 
| 
| 
| 
| 
| 
