Latest news with #SudhangshuDas
Time of India
4 days ago
- Business
- Time of India
Tripura rolls out insurance scheme for livestock to support farmers
Agartala: The Tripura govt has launched a new livestock insurance scheme under the National Livestock Mission aimed at protecting rural livestock rearers from financial loss due to the sudden death of animals. Animal resource development (ARD) minister Sudhangshu Das said the mission, Complete Animal Wealth Shield, is expected to extend crucial support to the farmers whose livelihood depends on cattle, goats, sheep and pigs. Das said livestock rearing plays a vital role in the rural economy but has long been neglected and there has not been much work done for the development of the sector. The mission has been designed to empower livestock farmers and ensure their economic security. Under the mission, full compensation is provided in the event of animal loss, unlike the existing cap of Rs 20,000. The beneficiaries will contribute just 15 per cent of the insurance premium, with the central and state govts covering 70 per cent and 15 per cent, respectively. "The premium varies with the policy term — 3.39% for one year, 6.6% for two years and 8.3% for three years. A family can insure up to 10 livestock units. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Nine years ago they were called the most beautiful twins in the world. Look at them now Undo For calculation, one cow or buffalo equals one unit, while ten goats or sheep or five pigs are considered as one unit," Das said. The insured value is calculated based on milk output or market value. Currently, the cost is estimated at Rs 3,000 per litre of milk for cows and Rs 4,000 per litre for buffaloes, or as assessed by a govt veterinarian. Insurance coverage applies in case of accidental or disease-related death, though claims for non-accidental deaths are only valid if the death occurs 21 days after the enrolment, he said.
Indian Express
18-05-2025
- Business
- Indian Express
Northeast to get 4 aquaparks, region has huge potential for fish production: Union Minister Rajiv Ranjan Singh
Union Fisheries, Animal Husbandry and Dairying Minister Rajiv Ranjan Singh Sunday announced that four aquaparks will be set up in the Northeast. These four aquaparks would come up in Assam, Arunachal Pradesh, Tripura, and Nagaland. After inaugurating a fish festival in Agartala and virtually laying the foundation stone for the integrated aquapark in Tripura, the minister said, 'The northeastern states and Tripura have the potential to increase fish production, and they also have huge demands for fish. Both the Central and state governments have undertaken efforts jointly to hike the production of fish in the country.' The integrated aquapark in Tripura would come up in the Unakoti district. Tripura Animal Resource Development Department Minister Sudhangshu Das, among others, was present at the event. 'The project, having an investment of Rs 42.4 crore under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), would act as the backbone for upgradation of infrastructure required for production of fish, processing, and marketing in the state,' said a senior official. The aquapark would offer services of hatcheries, feed mills, and cold storage, among others, under one roof, as per an official statement. The park would further serve as a hub-and-spoke model for addressing regional fish requirements. At present, Tripura has an annual per capita fish consumption rate of 29 kg. The Union minister inaugurated a 40 TLPD milk plant at Bamutia in West Tripura district on Saturday. The newly launched milk processing unit has a capacity of handling 40,000 litres of milk per day, of which 10,000 litres would be processed into curd and buttermilk. The milk processing unit has been set up to achieve self-reliance in milk production, an official said.
