A total of 40,000 cattle would be insured under the scheme this year and all cattle in the state would be brought under it by next year, the minister said while replying during question hour in the state assembly.
Farmer's share of contribution towards premium would be 25 per cent and that of government 50 per cent while the rest would be born by civic bodies, he said.
The government has reached an agreement with a public sector insurance company for the scheme, he said.
He also said the apex order also would be considered while formulating new liquor policy for the state.
On the labour front, Ramakrishnan informed the assembly that 34,66,550 persons have registered their names in the state employment exchanges.
As many as 7057 persons got jobs after the CPI-M led LDF government came to power in May 2016, he added.