Main Objectives Of The Scheme
Livestock Insurance provides financial security as the farmer or livestock owner will be compensated in the event of death of an insured animal.
Dependency on agriculture will be lowered.
Improvement in rural economy.
Implementation Of The Scheme
At State Level: Chief Executive Officer, U.P. Livestock Development Board
At Commissionary Level: Additional Director,Grade-2, Animal Husbandry/Senior Zonal Manager, U.P.L.D.B.
At District Level: Chief Veterinary Officer/District Manager, U.P.L.D.B.
At Local Level: Veterinary Officer, Paravets.
Important Features Of The Scheme
The indigenous/crossbred milch animals, pack animals (Horses, Donkey, Mules, Camels, Ponies and Cattle/Buff. Male) and other livestock (Goat, Sheep, Pigs, Rabbit) they are under the purview of the "RISK MANAGEMENT & INSURANCE".
The benefit of subsidy is restricted to 5 big animal/50 small animal only per household.
G.S.T. free .
All claim amount paid to beneficiary in their bank account through R.T.G.S., so that livestock owner is compensated in the event of death of an insured animal.