More pressure on subsidy front

If the FM restructures national agricultural insurance scheme as proposed by Agriculture Minister, he will have to dole out Rs 2,000 cr to cover subsidy component.

If Finance Minister P Chidambaram goes ahead with the restructuring of national agricultural insurance scheme as proposed by Agriculture Minister Sharad Pawar, he will have to dole out about Rs 2,000 crore to cover the subsidy component.

HT Image

A matching amount will have to be set aside by state governments which would share the subsidy burden.

The complete story is part of our premium content offering. You need tosubscribeto read thefull story.