According to the parliamentary panel's reports, not even a single livestock was insured during 2022-23, whereas in 2021-22, 174,061 animals were insured
The scheme could be formalised on the lines of the Pradhan Mantri Fasal Bima Yojana (PMFBY), which is for the crop sector, sources said
Officials said the matter was discussed at a high-level meeting which was also attended by representatives from insurance companies