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THE PRIME
MINISTER
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THE SOCIALIST
REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
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No.: 22/2019/QD-TTg
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Hanoi, June 26,
2019
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DECISION
ON AGRICULTURAL
INSURANCE ASSISTANCE POLICIES
Pursuant to the Law on government organization
dated June 19, 2015;
Pursuant to the Law on Insurance Business dated
December 09, 2000 and the Law on Amendments to the Law on Insurance Business
dated November 24, 2010;
Pursuant to the Resolution No. 32/2016/QH14
dated November 23, 2016 of the National Assembly on increase of capacity and
effectiveness of implementation of the national target program on development
of new-style rural areas associated with agricultural restructuring;
Pursuant to the Government’s Decree No.
58/2018/ND-CP dated April 18, 2018 on agricultural insurance;
At the request of the Minister of Finance and of
the Minister of Agriculture and Rural Development;
The Prime Minister promulgates a Decision on
agricultural insurance assistance policies.
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GENERAL PROVISIONS
Article 1. Scope
This Decision provides for the implementation of
agricultural insurance assistance policies in accordance with the Government’s
Decree No. 58/2018/ND-CP dated April 18, 2018, including eligible agricultural
producers, eligible plants, domestic animals and aquaculture species,
subsidized coverage, levels of subsidies, eligibility period for subsidies,
eligible areas, funding allocated by the central government budget to local
government budgets for grant of agricultural insurance subsidies.
Article 2. Regulated entities
This Decision applies to:
1. Organizations and
individuals engaging in rice farming, cattle breeding and farming of giant
tiger prawns and whiteleg shrimps which are subject to Clause 2 Article 22 of
the Government’s Decree No. 58/2018/ND-CP dated April 18, 2018.
2. Non-life insurers, branches
of foreign non-life insurers, and reinsurers that are established, organized
and operate in accordance with the Law on Insurance Business and relevant law
provisions.
3. Other authorities,
organizations and individuals involved in the implementation of agricultural
insurance assistance policies.
Chapter II
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Article 3. Insured subjects eligible for premium
subsidies
1. Plants: Rice.
2. Domestic animals: Cattle
and buffaloes.
3. Aquaculture species: Giant
tiger prawns and whiteleg shrimps.
Article 4. Levels of premium subsidies
1. Agricultural producers that
are poor households (considered according to both income criteria and
multidimensional poverty index criteria), near-poor households as defined in
the Prime Minister’s Decision No. 59/2015/QD-TTg dated November 19, 2015 on
multidimensional poverty levels in the 2016-2020 period: A subsidy equal to 90%
of agricultural insurance premiums will be granted.
2. Agricultural producers
other than poor households and near-poor households: A subsidy equal to 20% of
agricultural insurance premiums will be granted.
3. Agricultural producers
specified in Clause 3 Article 19 of the Decree No. 58/2018/ND-CP: A subsidy
equal to 20% of agricultural insurance premiums will be granted upon their
satisfaction of the following requirements:
- Agricultural producers must
be enterprises established in accordance with the Law on enterprises or
cooperatives established in accordance with the Law on cooperatives;
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- Agricultural products which
are eligible for agricultural insurance subsidies must be issued with foods
quality and safety certificate by regulatory authorities or they are recognized
as agricultural enterprises applying high technology according to the ‘s
Decision No. 19/2018/QD-TTg dated April 19, 2018 and its amending and/or
superseding documents (if any).
Article 5. Insured risks eligible for premium
subsidies
1. Subsidized rice insurance
coverage:
a) Natural disasters, including: hurricanes,
tropical depressions, whirlwinds, thunderlike, heavy rain, floods, flash
floods, inundation, landslides or land subsidence caused by floods or runoffs,
sea level rise, saltwater intrusion, extreme heat, drought, damaging cold,
hail, frost, earthquake and tsunami. Such disaster events must be announced or
confirmed by competent authorities.
b) Epidemics, including: rice grassy stunt virus,
rice ragged stunt virus, southern rice black streaked dwarf virus, rice blast disease,
bacterial leaf blight, brown planthopper and rice stem borer outbreaks. Such
epidemics must be announced or confirmed by competent authorities.
2. Subsidized cattle and
buffalo insurance coverage:
a) Natural disasters, including: hurricanes,
tropical depressions, whirlwinds, thunderlike, heavy rain, floods, flash
floods, inundation, landslides or land subsidence caused by floods or runoffs,
extreme heat, drought, damaging cold, hail, frost, earthquake and tsunami. Such
disaster events must be announced or confirmed by competent authorities.
b) Epidemics, including: Foot-and-mouth disease and
anthrax. Such epidemics must be announced or confirmed by competent
authorities.
3. Subsidized insurance
coverage on giant tiger prawns and whiteleg shrimps:
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b) Epidemics: No premium subsidies granted for
epidemics of giant tiger prawns and whiteleg shrimps.
Article 6. Areas eligible for premium subsidies
1. With regard to rice
farming, subsidies will be granted in the following provinces: Thai Binh, Nam
Dinh, Nghe An, Ha Tinh, Binh Thuan, An Giang and Dong Thap.
2. With regard to cattle and
buffaloes, subsidies will be granted in the following central-affiliated cities
and provinces: Ha Giang, Vinh Phuc, Hanoi, Thanh Hoa, Nghe An, Binh Dinh, Dong
Nai and Binh Duong.
3. With regard to giant tiger
prawns and whiteleg shrimps, subsidies will be granted in the following
provinces: Ben Tre, Tra Vinh, Soc Trang, Bac Lieu and Ca Mau.
People's Committees of central-affiliated cities
and provinces defined in Clause 1, Clause 2 and Clause 3 of this Article shall
organize selection of areas for granting of agricultural insurance subsidies
according to Clause 2 Article 21 of the Government’s Decree No. 58/2018/ND-CP
dated April 18, 2018.
Article 7. Eligibility period for premium
subsidies
Agricultural insurance premium subsidies shall be
granted from the effective date of this Decision to December 31, 2020, inclusively.
Article 8. Funding allocated by
central-government budget to local-government budgets for grant of premium
subsidies
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People's Committees of central-affiliated cities
and provinces defined in Clause 1, Clause 2 and Clause 3 of Article 6 shall
consider allocating funding from local-government budgets to grant agricultural
insurance subsidies in accordance with regulations herein.
Chapter III
IMPLEMENTATION
Article 9. Effect
1. This decision comes into
force from the date on which it is signed.
2. The Ministry of Finance
shall take charge and cooperate with relevant authorities in consolidating,
evaluating and suggesting the draft Decision on agricultural insurance
assistance policies for the period after 2020.
3. Minister of Finance,
Minister of Agriculture and Rural Development, heads of ministerial-level
agencies, heads of the Government’s affiliates, and Chairpersons of People’s
Committees of central-affiliated cities and provinces shall be responsible for
implementing this Decision./.
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