Pandit Deen Dayal Upadhyay Samoohik Pashudhan Beema Yojana

About This Scheme

The scheme "Pandit Deen Dayal Upadhyay Samoohik Pashudhan Beema Yojana" by the Haryana Livestock Development Board, Department of Animal Husbandry and Dairying, Government of Haryana, aims to provide socio-economic security to livestock farmers in the state by covering livestock under an insurance scheme. Financial protection against the risk of loss due to animal death is extended to livestock owners, including Scheduled Caste (SC) and Below Poverty Line (BPL) beneficiaries, with subsidised premium rates.

Eligibility

- The applicant should be a livestock owner. - The applicant should be above 18 years of age. - The applicant should possess a Parivar Pehchan Patra (PPP), issued by the state of Haryana. Preference and Relaxations - Applicants from Scheduled Caste and Below Poverty Line categories will be given priority. - Scheduled Caste beneficiaries are exempt from paying premiums; the state and central governments fully subsidize their insurance.

Benefits

Financial Protection - Coverage for livestock loss due to death, providing financial security to farmers. - Sum insured is determined based on the market value of livestock and milk yield. - Maximum coverage is up to five large animals or equivalent small animals per household. Subsidized Premiums - APL beneficiaries pay ₹100/200/300 per large animal per year based on milk yield or ₹25/- per small animal. - BPL beneficiaries receive additional subsidies, and SC beneficiaries have their entire premium covered by the state and central government. Mode and Frequency of Disbursement - Claims are settled through direct bank transfers to beneficiaries. - Accidental death claims are covered immediately; non-accidental death claims are covered after a 21-day waiting period. Expected Time of Disbursement Insurance companies are required to settle claims within 15 days of document submission. Delays incur a penalty of 12% compound interest per annum.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.