Consider the following statements about the Pradhan Mantri Fasal Bima Yojana:

1. Under the scheme, the premiums for Rabi crops are more than the premiums for Kharif crops.

2. Only landowning farmers are covered under the scheme.

Which of the statements given above is/are correct?

Season

Cops

Maximum Premium payable by farmer (% of Sum Insured)

Kharif

All food grain and Oilseeds crops (all Cereals, Millets, Pulses and oilseeds

2.0% of SI or Actuarial rate, whichever is less

Rabi

All food grain and Oilseeds crops (all cereals, Millets, Pulses and oilseeds)

1.5% of SI or Actuarial rate, whichever is less

Kharif and Rabi

Annual Commerical/Annual Horticultural crops

5% of SI or Actuarial rate, whichever is less

Perennial horticultural crops (pilot basis)

5% of SI or Actuarial rate, whichever is less