Due to scrapping of old Rs. 500 and 1000 notes by the Government, farmers are facing difficulties to get their produce insured in the allotted time frame. The window to get the insurance done for crops of Rabi season expires on 31st December but that now has been extended till 10th January, 2017 both for loanee and non loanee farmers under the recently launched scheme of Pradhan Mantri Fasal Bima Yojana.
It was bought to Government’s notice that not only farmers, even financial institutions in charge of providing the insurance to the farmers under PMFBY were also facing the same problem. The extension which has been given for Rabi crops was also given for Kharif crops in the 2016-17 agricultural cycle.
Some static information –
Agricultural Cycles of India –
Text Copied from GKTODAY for information
The Kharif crop is the summer crop or monsoon crop in India. Kharif crops are usually sown with the beginning of the first rains in July, during the south-west monsoon season. Major Kharif crops of India include Millets (Bajra & Jowar), Cotton, Soyabean, Sugarcane, Turmeric, Paddy (Rice), Maize, Moong (Pulses), Groundnut, Red Chillies, etc.
The Rabi crop is the spring harvest or winter crop in India . It is sown in October last and harvested in March April every year. Major Rabi crops in India include Wheat, Barley, Mustard, Sesame, Peas etc.
This crop is grown in some parts of country during March to June. Prominent examples are Muskmelon, Watermelon, Vegetables of cucurbitacae family such as bitter gourd, pumpkin, ridged gourd etc.
Source – http://www.gktoday.in/major-crops-of-india/