{"id":2871,"date":"2023-03-12T11:06:00","date_gmt":"2023-03-12T05:36:00","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=2871"},"modified":"2023-05-01T12:43:32","modified_gmt":"2023-05-01T07:13:32","slug":"uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/","title":{"rendered":"Uttarakhand becomes first state to start insurance scheme for sericulturists"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Uttarakhand_Launches_Insurance_Scheme_for_Sericulturists\" >Uttarakhand Launches Insurance Scheme for Sericulturists<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Why_this_News_is_Important\" >Why this News is Important:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Historical_Context\" >Historical Context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Key_Takeaways_from_%E2%80%9CUttarakhand_Launches_Insurance_Scheme_for_Sericulturists%E2%80%9D\" >Key Takeaways from &#8220;Uttarakhand Launches Insurance Scheme for Sericulturists&#8221;:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Q_What_is_the_insurance_scheme_for_sericulturists\" >Q: What is the insurance scheme for sericulturists?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Q_When_was_the_insurance_scheme_for_sericulturists_started_in_Uttarakhand\" >Q: When was the insurance scheme for sericulturists started in Uttarakhand?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Q_Is_Uttarakhand_the_first_state_to_start_such_an_insurance_scheme\" >Q: Is Uttarakhand the first state to start such an insurance scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Q_What_is_sericulture\" >Q: What is sericulture?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Q_Who_can_benefit_from_the_insurance_scheme_for_sericulturists\" >Q: Who can benefit from the insurance scheme for sericulturists?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/uttarakhand-becomes-first-state-to-start-insurance-scheme-for-sericulturists\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Uttarakhand_Launches_Insurance_Scheme_for_Sericulturists\"><\/span>Uttarakhand Launches Insurance Scheme for Sericulturists<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Uttarakhand has become the first state in India to launch an insurance scheme for sericulturists, announced state Agriculture Minister Ganesh Joshi on 10th March 2023. The scheme is expected to provide a safety net to sericulturists, who often face financial difficulties due to crop losses caused by natural calamities, pests, and diseases.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the scheme, sericulturists will be eligible for coverage for losses incurred in the cultivation of silkworms and production of silk. The insurance policy will provide coverage for the entire production cycle, from the hatching of silkworm eggs to the rearing of silkworms, cocoon production, and silk reeling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The premium for the insurance policy will be subsidized by the government, with a 50% subsidy for small and marginal sericulturists, and a 25% subsidy for other sericulturists. The scheme will be implemented by the State Sericulture Department in collaboration with the Agriculture Insurance Company of India.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Insurance-scheme-for-sericulturists\"><img decoding=\"async\" width=\"928\" height=\"614\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/05\/Insurance-scheme-for-sericulturists.webp\" alt=\"Insurance scheme for sericulturists\" class=\"wp-image-2901\" title=\"Insurance scheme for sericulturists\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/05\/Insurance-scheme-for-sericulturists.webp 928w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/05\/Insurance-scheme-for-sericulturists-300x198.webp 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/05\/Insurance-scheme-for-sericulturists-768x508.webp 768w\" sizes=\"(max-width: 928px) 100vw, 928px\" \/><figcaption class=\"wp-element-caption\">Insurance scheme for sericulturists<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_this_News_is_Important\"><\/span>Why this News is Important:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The launch of the insurance scheme for sericulturists in Uttarakhand is an important development for the agricultural sector in the state. Sericulture is a major source of livelihood for many people in Uttarakhand, especially in rural areas. The insurance scheme will provide financial security to sericulturists in case of crop loss, which is a common occurrence in the sector due to natural calamities and other factors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span>Historical Context:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Uttarakhand has a long history of sericulture, with the cultivation of silk being an important occupation for the people of the state. The government has been taking various steps to promote sericulture in the state, including providing subsidies for the purchase of silkworm eggs and mulberry leaves, and setting up training centers for sericulturists. However, sericulturists have been facing various challenges, such as crop loss due to natural calamities, pests, and diseases, and lack of access to credit and marketing facilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%9CUttarakhand_Launches_Insurance_Scheme_for_Sericulturists%E2%80%9D\"><\/span>Key Takeaways from &#8220;Uttarakhand Launches Insurance Scheme for Sericulturists&#8221;:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial No.<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1.<\/td><td>Uttarakhand has become the first state in India to launch an insurance scheme for sericulturists.<\/td><\/tr><tr><td>2.<\/td><td>The insurance scheme will provide coverage for the entire production cycle, from the hatching of silkworm eggs to the rearing of silkworms, cocoon production, and silk reeling.<\/td><\/tr><tr><td>3.<\/td><td>Sericulturists will be eligible for coverage for losses incurred in the cultivation of silkworms and production of silk.<\/td><\/tr><tr><td>4.<\/td><td>The premium for the insurance policy will be subsidized by the government, with a 50% subsidy for small and marginal sericulturists, and a 25% subsidy for other sericulturists.<\/td><\/tr><tr><td>5.<\/td><td>The scheme will provide financial security to sericulturists in case of crop loss, which is a common occurrence in the sector due to natural calamities and other factors.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Insurance scheme for sericulturists<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In conclusion, the launch of the insurance scheme for sericulturists in Uttarakhand is a positive step towards providing financial security to sericulturists in the state. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_the_insurance_scheme_for_sericulturists\"><\/span>Q: What is the insurance scheme for sericulturists? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A: The insurance scheme for sericulturists is a program started by the Uttarakhand government to provide financial assistance to sericulturists in case of losses due to natural calamities or other unforeseen events.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_When_was_the_insurance_scheme_for_sericulturists_started_in_Uttarakhand\"><\/span>Q: When was the insurance scheme for sericulturists started in Uttarakhand? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A: The insurance scheme for sericulturists was started in Uttarakhand on March 10, 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_Uttarakhand_the_first_state_to_start_such_an_insurance_scheme\"><\/span>Q: Is Uttarakhand the first state to start such an insurance scheme? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A: Yes, Uttarakhand is the first state to start an insurance scheme for sericulturists in India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_sericulture\"><\/span>Q: What is sericulture? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A: Sericulture is the cultivation of silk-producing insects, such as silkworms, for the production of silk.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Who_can_benefit_from_the_insurance_scheme_for_sericulturists\"><\/span>Q: Who can benefit from the insurance scheme for sericulturists? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A: Sericulturists who are engaged in the production of silk in Uttarakhand can benefit from this insurance scheme.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" 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The scheme is expected to provide a safety net to sericulturists, who often face financial difficulties due to crop losses caused by natural calamities,&#8230;<\/p>\n","protected":false},"author":5,"featured_media":2902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,75],"tags":[249,2055,2056,2054,2053,851],"class_list":["post-2871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-uttarakhand","tag-financial-assistance","tag-insurance","tag-natural-calamities","tag-sericulture","tag-silk-production","tag-uttarakhand"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/2871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=2871"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/2871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/2902"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=2871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=2871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=2871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}