Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries

The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old..."/>
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    <h1 class="cat-box-title">CAG spots huge gaps in PM&#039;s Fasal Bima Yojana, other crop insurance schemes -Sanjeeb Mukherjee</h1>
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                            <div align="justify">-Business Standard<br /><br /><em>Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries<br /></em><br />The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old schemes with no or marginal increase in coverage of non-loanee farmers, lower sum insured as compared to scale of finance and delayed claim settlement which defeated the very purpose of insurance, two reports on the subject by the Comptroller and Auditor General of India (CAG) and Centre for Science and Environment (CSE) showed.<br /><br />The CSE report said that insurance companies raked in a huge profit of around Rs 10,000 crore as on April 2017 due to low claim reported in relation to the premium charged. <br /><br />&ldquo;The gross direct premium of General Insurance Companies grew by 32 per cent from Rs 96,376 crore in 2015-16 to Rs 1.27 lakh crore in 2016-17, nearly half of which came from crop insurance,&rdquo; the CSE report said. <br /><br />The CAG report was tabled in Parliament today, while the CSE analysis was released to the public. <br /><br />The CAG report examined the crop insurance schemes &ndash; National Agriculture Insurance Scheme (NAIS), Modified NAIS and Weather Based Crop Insurance Scheme (WBCIS) implemented during 2011-12 through 2015-16, while the CSE study analysed the new PMFBY, which replaced all these schemed from Kharif 2016 onwards.<br /><br />Astonishingly, many fundamental problems and issues remained almost the same in both the old crop insurance schemes and also the new PMFBY.<br /><br />In fact, the CSE study showed that till April 2017, insurance companies collected a gross premium of Rs 15,891.1 crore while claims reported against it was just around Rs 5,962.1 crore, ensuring a profit of almost Rs 10,000 crore for insurance firms. <br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html" title="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">CAG spots huge gaps in PM&#039;s Fasal Bima Yojana, other crop insurance schemes -Sanjeeb Mukherjee</h1>
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                            <div align="justify">-Business Standard<br /><br /><em>Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries<br /></em><br />The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old schemes with no or marginal increase in coverage of non-loanee farmers, lower sum insured as compared to scale of finance and delayed claim settlement which defeated the very purpose of insurance, two reports on the subject by the Comptroller and Auditor General of India (CAG) and Centre for Science and Environment (CSE) showed.<br /><br />The CSE report said that insurance companies raked in a huge profit of around Rs 10,000 crore as on April 2017 due to low claim reported in relation to the premium charged. <br /><br />&ldquo;The gross direct premium of General Insurance Companies grew by 32 per cent from Rs 96,376 crore in 2015-16 to Rs 1.27 lakh crore in 2016-17, nearly half of which came from crop insurance,&rdquo; the CSE report said. <br /><br />The CAG report was tabled in Parliament today, while the CSE analysis was released to the public. <br /><br />The CAG report examined the crop insurance schemes &ndash; National Agriculture Insurance Scheme (NAIS), Modified NAIS and Weather Based Crop Insurance Scheme (WBCIS) implemented during 2011-12 through 2015-16, while the CSE study analysed the new PMFBY, which replaced all these schemed from Kharif 2016 onwards.<br /><br />Astonishingly, many fundamental problems and issues remained almost the same in both the old crop insurance schemes and also the new PMFBY.<br /><br />In fact, the CSE study showed that till April 2017, insurance companies collected a gross premium of Rs 15,891.1 crore while claims reported against it was just around Rs 5,962.1 crore, ensuring a profit of almost Rs 10,000 crore for insurance firms. <br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html" title="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html" class="re" target="_blank">Business Standard, 21 July, 2017, http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html</a><div class="clear"></div>
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        LATEST NEWS UPDATES | CAG spots huge gaps in PM&#039;s Fasal Bima Yojana, other crop insurance schemes -Sanjeeb Mukherjee    </title>
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Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries

The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old..."/>
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                            <div align="justify">-Business Standard<br /><br /><em>Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries<br /></em><br />The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old schemes with no or marginal increase in coverage of non-loanee farmers, lower sum insured as compared to scale of finance and delayed claim settlement which defeated the very purpose of insurance, two reports on the subject by the Comptroller and Auditor General of India (CAG) and Centre for Science and Environment (CSE) showed.<br /><br />The CSE report said that insurance companies raked in a huge profit of around Rs 10,000 crore as on April 2017 due to low claim reported in relation to the premium charged. <br /><br />&ldquo;The gross direct premium of General Insurance Companies grew by 32 per cent from Rs 96,376 crore in 2015-16 to Rs 1.27 lakh crore in 2016-17, nearly half of which came from crop insurance,&rdquo; the CSE report said. <br /><br />The CAG report was tabled in Parliament today, while the CSE analysis was released to the public. <br /><br />The CAG report examined the crop insurance schemes &ndash; National Agriculture Insurance Scheme (NAIS), Modified NAIS and Weather Based Crop Insurance Scheme (WBCIS) implemented during 2011-12 through 2015-16, while the CSE study analysed the new PMFBY, which replaced all these schemed from Kharif 2016 onwards.<br /><br />Astonishingly, many fundamental problems and issues remained almost the same in both the old crop insurance schemes and also the new PMFBY.<br /><br />In fact, the CSE study showed that till April 2017, insurance companies collected a gross premium of Rs 15,891.1 crore while claims reported against it was just around Rs 5,962.1 crore, ensuring a profit of almost Rs 10,000 crore for insurance firms. <br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html" title="http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

CAG spots huge gaps in PM's Fasal Bima Yojana, other crop insurance schemes -Sanjeeb Mukherjee

Published on Jul 24, 2017   Modified on Jul 24, 2017

-Business Standard Says over Rs 32,000-crore released to insurers from 2011-16 without verification of beneficiaries The crop insurance continues to be a problematic area despite the Centre launching the much-touted Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2016 replacing two old schemes with no or marginal increase in coverage of non-loanee farmers, lower sum insured as compared to scale of finance and delayed claim settlement which defeated the very purpose of insurance, two reports on the subject by the Comptroller and Auditor General of India (CAG) and Centre for Science and Environment (CSE) showed. The CSE report said that insurance companies raked in a huge profit of around Rs 10,000 crore as on April 2017 due to low claim reported in relation to the premium charged. “The gross direct premium of General Insurance Companies grew by 32 per cent from Rs 96,376 crore in 2015-16 to Rs 1.27 lakh crore in 2016-17, nearly half of which came from crop insurance,” the CSE report said. The CAG report was tabled in Parliament today, while the CSE analysis was released to the public. The CAG report examined the crop insurance schemes – National Agriculture Insurance Scheme (NAIS), Modified NAIS and Weather Based Crop Insurance Scheme (WBCIS) implemented during 2011-12 through 2015-16, while the CSE study analysed the new PMFBY, which replaced all these schemed from Kharif 2016 onwards. Astonishingly, many fundamental problems and issues remained almost the same in both the old crop insurance schemes and also the new PMFBY. In fact, the CSE study showed that till April 2017, insurance companies collected a gross premium of Rs 15,891.1 crore while claims reported against it was just around Rs 5,962.1 crore, ensuring a profit of almost Rs 10,000 crore for insurance firms. Please click here to read more.

Business Standard, 21 July, 2017, http://www.business-standard.com/article/economy-policy/cag-spots-huge-gaps-in-pm-s-fasal-bima-yojana-other-crop-insurance-schemes-117072101499_1.html

Tagged with: crop damage Crop Failure Crop Insurance Pradhan Mantri Fasal Bima Yojana Pradhan Mantri Fasal Bima Yojana (PMFBY) Centre for Science and Environment Centre for Science and Environment (CSE)

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• Can rich nations be held accountable for the pain caused to Maharashtra’s farmers by climate change? -Flavia Lopes & Nushaiba Iqbal
• Heavy rains in India damage key crops ahead of harvest, threatening to stoke food inflation -Rajendra Jadhav

 

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