Yes for Revenue Insurance Scheme for plantation crops by Government
Good News for Farmers of India as the Commerce Ministry has finally approved the withstanding “Revenue Insurance Scheme for plantation crops” for protecting the growers from the risks such as yield loss, pest attacks and income decline caused by fall in prices.This scheme was approved under Parliament today. Revenue Insurance scheme may also include tobacco. The scheme, to be called ‘Revenue Insurance Scheme for Plantation Crops‘, which is being formulated by the Commerce & Industry Ministry and was about to be implemented on regular basis in seven districts, this scheme has now been approved by Central Government.
Also For the Visakhapatnam Chennai Industrial Corridor (VCIC), the land under possession is 1,887 acres and the land under acquisition/alienation is about 24,056 crore as said by government authority .