What is the budget provision made for this scheme in the financial year 2026-27?
- A₹40 crore
- B₹50 crore
- C₹60 crore
- D₹75 crore
Correct Answer: C
The Uttar Pradesh Cabinet approved the 'Chief Minister's Risk Management and Livestock Insurance Scheme' on July 6, 2026, with a budget provision of ₹60 crore for FY 2026-27 and a target to provide insurance coverage to 2,28,350 livestock. Under the scheme, 85% of the premium will be borne by the state government and 15% by the beneficiary; it will be implemented across all 75 districts, specifically providing protection to small and marginal farmers, landless livestock rearers, and dairy operators.
This question is part of 15 August 2026 Current Affairs Quiz | Daily GK MCQs Online Test.
Attempt the full quiz →
Rate this question
★
★
★
★
★
Tap a star to rate
