Summary
The Central Government, through the Tea Board of India, launched a crop insurance scheme for small tea growers to protect them from various risks.
Crop Insurance for Small Tea Growers
Highlights
Scheme Objective
The Central Government introduced a crop insurance scheme specifically for small tea growers (STGs) to enhance their economic stability.
Implementing Agency
The Tea Board of India is responsible for coordinating and implementing this crop insurance scheme for STGs, collaborating with various insurance companies.
Protection Provided
The scheme aims to safeguard small tea growers against financial losses resulting from fluctuations in domestic and international prices, yield reduction due to adverse weather conditions, pest infestations, and other unforeseen events.