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Which one of the following agencies is implementing the National Agricultural Insurance Schemes (NAIS) in India?
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- General Insurance Corporation of India Limited
- Life Insurance Corporation of India Limited.
- National Assurance Company of India Limited.
- Agriculture Insurance Company of India Limited.
Correct Option: D
Agriculture Insurance company of India limited is implementing the National Agricultural Insurance Scheme (NAIS) in India. In the year 1999 the National Agricultural Insurance Scheme was introduced by replacing comprehensive crop insurance Scheme. NAIS covers all food crops (cereals and pluses), oilseeds, horticultural and commercial crops. It covers all farmers, both loanees and non-loanees, under the scheme.