CM Risk Management and Livestock Insurance Scheme

The CM Risk Management and Livestock Insurance Scheme: what happened?

When a farmer’s cow or buffalo dies in an epidemic, disaster or accident, a poor family can lose its main asset overnight. Insurance softens that blow. The central scheme has a cap of 10 animals, which leaves out bigger dairy units set up under UP’s own schemes.

• The Cabinet approved a state-run CM Risk Management and Livestock Insurance Scheme. [UP Cabinet]

Why did UP need its own scheme?

• The Government of India funded livestock insurance scheme has run since 2017-18, with a limit of 10 animals.
• Under the Nanda Baba Dugdh Mission, the Nandini Krishak Samriddhi Yojana units buy up to 25 indigenous cows, and these must be insured.
• These units are not covered by the central scheme, so the new State scheme will cover them.
• Animals under State-run and dairy schemes get priority.

How will claims work?

• On an animal’s death, the claim goes directly to the beneficiary’s bank account through a transparent process.
• In permanent total disability (PTD) cases, the insurer pays up to 75 per cent of the sum insured.
• Small and marginal farmers, dairy farmers and landless livestock keepers are the target group.

What can Prelims ask on the CM Risk Management and Livestock Insurance Scheme?

• UP CM Risk Management and Livestock Insurance Scheme: approved 6 July 2026; State scheme.
• Premium share: State 85 per cent, beneficiary 15 per cent.
• Central scheme cap: 10 animals; Nandini Krishak Samriddhi Yojana units: up to 25 indigenous cows.