Delhi, 25 MAR 2025
As per data received from the States and insurance companies a total of 21.01 lakh nos. of livestock have been insured in the current financial year.
The Livestock Insurance activity under the National Livestock Mission (NLM) scheme operates on a demand-driven basis. The Department is encouraging the States to send proposals of Livestock Insurance scheme so that more livestock may be covered.
The Department does not maintain any data on the number of people in the country who are dependent on livestock and animal husbandry for their livelihood. However, as per 19th Livestock Census, there are 10.08 crore households having livestock and/ or poultry.
To promote the Livestock Insurance activity among the farmers, the beneficiary share of premium for all categories and areas has been reduced to 15% instead of existing 20 – 50%; rest will be borne by Central as well as State Government in the ratio of 90:10 for Hilly and North-eastern states, 60:40 for states other than Hilly and North-eastern states and 100% for the UTs. Moreover, the Department is conducting extensive awareness like seminars and camps, publicity, video Conferences to promote the activity, for which the Department of Animal Husbandry and Dairying is providing assistance to the State Governments to create awareness. 100% central assistance is provided to the States for awareness and publicity under the NLM scheme. Besides, during Regional Review Meetings, instructions are also given to the States for increasing insurance coverage. Additionally, the Department is developing a dedicated online portal to ensure transparent and efficient implementation of the livestock insurance program.
This information was given by Union Minister of State, Ministry of Fisheries, Animal Husbandry and Dairying, Prof. S.P. Singh Baghel, in a written reply in Lok Sabha on 25th March, 2025.