“The farmer will only have to register for the crop insurance scheme by paying Re 1. There will be no premium for them,” said deputy CM Devendra Fadnavis. The state cabinet also approved another budget announcement: the Namo Shetkari Mahasanman Nidhi, a sum of Rs 6,000 to be paid for one crore farmers in the state to supplement the Rs 6,000 paid by the Centre under the Pradhan Mantri Krishi Samman Nidhi Yojana.