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A new scheme named as Jharkhand State Crop Relief Scheme (JRFRY) has been announced by the state government to secure both the public money and the welfare of the farmers. This scheme is mainly to provide financial assistance to the farmers in the event of crop damage due to any natural calamity and natural accidents.

Jharkhand State Crop Relief Scheme (JRFRY) is not a crop insurance scheme but a compensation scheme provided to farmers in case of crop damage. This will fulfill the resolve of providing security cover to the farmers in case of crop loss due to natural calamity and providing a certain financial assistance. This scheme will cover both the land owner and the landless farmer. Farmers will not need to pay any kind of crop insurance premium under this scheme and they will be provided financial assistance directly by the government in the event of crop loss.