The Uttarakhand Government today signed a Memorandum of Understanding with ICICI Lombard for providing cover to farmers, but cancelled it on technical grounds within hours. Principal Secretary Rural Development Vibha Puri Das signed the MoU with ICICI Lombard for providing insurance cover to farmers in the presence of Cooperative Minister Bishan Singh Chufal. Under ''Narayan Krishak Kavach Yojna'', the family of farmers were to be given Rs 50,000 in the event of his death due to any unnatural cause like road accident. However, within hours of signing the MoU, Cooperative Minister Bishan Singh Chufal canceled it on technical grounds. Some points in the MoU were not clear, a press note said quoting Chufal. An inquiry will also be conducted to ascertain as to why competitive bids were not invited in this regard, Chufal said. Interestingly, the minister during the signing of MoU termed the scheme as very good for the farmers.
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