Prelims: Current events of national and international importance | Government Policies & Interventions
Why in News?
Recently, the Union Minister launched the Pashudhan Bima Portal in New Delhi, representing a significant step in the digital transformation of livestock insurance services in India.
Pashudhan Bima Portal
- It is a Single integrated digital platform for livestock insurance.
- Launched by – Department of Animal Husbandry & Dairying (DAHD).
- Key Features – It encompasses the following components:
- Policy issuance
- Insurance claim processing
- Monitoring
- Reporting
- It facilitates online submission of insurance applications by farmers.
- It supports real-time monitoring and management based on data analytics.
- Language Accessibility – It is available in the following languages:
- Hindi
- English
- 11 regional languages
- It aims to enhance accessibility for livestock farmers by providing services in their preferred languages.
- Objectives
- Promote transparency in livestock insurance services.
- Ensure faster and more efficient processing of policies and claims.
- Implement technology-driven delivery of insurance services.
- Foster improved coordination among stakeholders.
- Strengthen risk protection mechanisms for livestock farmers.
- Support the long-term sustainability of livestock-based livelihoods.
- Significance
- It simplifies insurance through digital applications, faster processing and real-time monitoring.
- It strengthens livestock risk protection, improving service delivery and livelihood security of farmers.
Reference
News on Air | Livestock Insurance Portal
