Farmers stare at losses, govt empty coffers
By Thetribune 22-Sep-2019
The government has been dilly-dallying on formulating a crop insurance policy, which could have been useful to compensate farmers whose losses are now estimated at Rs 750 crore. In such a situation, the relief that the state can offer is just Rs 12,200 per hectare (or Rs 5,083.33 per acre) from the State Disaster Relief Management Fund, unless the Centre recognises flooding in Punjab as a natural disaster and gives it a flood relief package.
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