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
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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\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
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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

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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        LATEST NEWS UPDATES | PMFBY: Farmers Quitting Scheme But Premium Collection Rises -Subodh Varma    </title>
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Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years.

The number of farmers enrolled in the Modi government&rsquo;s flagship crop insurance scheme (Pradhan Mantri Fasal Bima Yojana or PMFBY) dipped further to 343 lakh..."/>
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Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years.

The number of farmers enrolled in the Modi government&rsquo;s flagship crop insurance scheme (Pradhan Mantri Fasal Bima Yojana or PMFBY) dipped further to 343 lakh..." />
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                            <div align="justify">-Newsclick.in<br /><br /><em>Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years.<br /></em><br />The number of farmers enrolled in the Modi government&rsquo;s flagship crop insurance scheme (Pradhan Mantri Fasal Bima Yojana or PMFBY) dipped further to 343 lakh in kharif (summer) crop season of 2018-19 year, according to latest information revealed at the annual Kharif Conference organised by the Agriculture Ministry in Delhi on April 25-26. When the scheme was started in 2016, enrolment in the first kharif season was 404 lakh, which declined to 349 lakh in 2017.<br /><br />Strangely, gross premium collected by insurance companies has continued to grow from Rs. 16,015 crore in 2016 to Rs. 20,522 crore in 2018. This is because per farmer premium rate is increasing, and so is the state and central government&rsquo;s contribution to premium. In other words, insurance companies continue to reap enormous profits despite lower coverage. That&rsquo;s the business model this scheme has foisted upon the farmers.<br /><br />Less farmers covered means a larger number of farmers are now completely at the mercy of the weather gods. Small wonder then, that in many states, farmers demand compensation for crop losses from the state governments, who in turn press the Centre for drought relief packages.<br /><br />The data put out at the conference by PMFBY CEO Dr. Ashish Bhutani also reveals that in the past two years (2016-17 and 2017-18) of the scheme&rsquo;s operation, insurance companies have pocketed a surplus of Rs. 10,219 crore. They collected gross premium worth Rs.47, 447 crore, but had to admit farmers&rsquo; claims worth Rs. 37,228 crore in the four crop seasons (one each of kharif and rabi, in each year).<br /><br />Please <a href="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi" title="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi" class="re" target="_blank">Newsclick.in, 1 May, 2019, https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi</a><div class="clear"></div>
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    <h1 class="cat-box-title">PMFBY: Farmers Quitting Scheme But Premium Collection Rises -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years.<br /></em><br />The number of farmers enrolled in the Modi government&rsquo;s flagship crop insurance scheme (Pradhan Mantri Fasal Bima Yojana or PMFBY) dipped further to 343 lakh in kharif (summer) crop season of 2018-19 year, according to latest information revealed at the annual Kharif Conference organised by the Agriculture Ministry in Delhi on April 25-26. When the scheme was started in 2016, enrolment in the first kharif season was 404 lakh, which declined to 349 lakh in 2017.<br /><br />Strangely, gross premium collected by insurance companies has continued to grow from Rs. 16,015 crore in 2016 to Rs. 20,522 crore in 2018. This is because per farmer premium rate is increasing, and so is the state and central government&rsquo;s contribution to premium. In other words, insurance companies continue to reap enormous profits despite lower coverage. That&rsquo;s the business model this scheme has foisted upon the farmers.<br /><br />Less farmers covered means a larger number of farmers are now completely at the mercy of the weather gods. Small wonder then, that in many states, farmers demand compensation for crop losses from the state governments, who in turn press the Centre for drought relief packages.<br /><br />The data put out at the conference by PMFBY CEO Dr. Ashish Bhutani also reveals that in the past two years (2016-17 and 2017-18) of the scheme&rsquo;s operation, insurance companies have pocketed a surplus of Rs. 10,219 crore. They collected gross premium worth Rs.47, 447 crore, but had to admit farmers&rsquo; claims worth Rs. 37,228 crore in the four crop seasons (one each of kharif and rabi, in each year).<br /><br />Please <a href="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi" title="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi" class="re" target="_blank">Newsclick.in, 1 May, 2019, https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi</a><div class="clear"></div>
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Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years.

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    <h1 class="cat-box-title">PMFBY: Farmers Quitting Scheme But Premium Collection Rises -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years.<br /></em><br />The number of farmers enrolled in the Modi government&rsquo;s flagship crop insurance scheme (Pradhan Mantri Fasal Bima Yojana or PMFBY) dipped further to 343 lakh in kharif (summer) crop season of 2018-19 year, according to latest information revealed at the annual Kharif Conference organised by the Agriculture Ministry in Delhi on April 25-26. When the scheme was started in 2016, enrolment in the first kharif season was 404 lakh, which declined to 349 lakh in 2017.<br /><br />Strangely, gross premium collected by insurance companies has continued to grow from Rs. 16,015 crore in 2016 to Rs. 20,522 crore in 2018. This is because per farmer premium rate is increasing, and so is the state and central government&rsquo;s contribution to premium. In other words, insurance companies continue to reap enormous profits despite lower coverage. That&rsquo;s the business model this scheme has foisted upon the farmers.<br /><br />Less farmers covered means a larger number of farmers are now completely at the mercy of the weather gods. Small wonder then, that in many states, farmers demand compensation for crop losses from the state governments, who in turn press the Centre for drought relief packages.<br /><br />The data put out at the conference by PMFBY CEO Dr. Ashish Bhutani also reveals that in the past two years (2016-17 and 2017-18) of the scheme&rsquo;s operation, insurance companies have pocketed a surplus of Rs. 10,219 crore. They collected gross premium worth Rs.47, 447 crore, but had to admit farmers&rsquo; claims worth Rs. 37,228 crore in the four crop seasons (one each of kharif and rabi, in each year).<br /><br />Please <a href="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi" title="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi" class="re" target="_blank">Newsclick.in, 1 May, 2019, https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi</a><div class="clear"></div>
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PMFBY: Farmers Quitting Scheme But Premium Collection Rises -Subodh Varma

Published on May 3, 2019   Modified on May 3, 2019

-Newsclick.in Latest data shows that insurance companies have pocketed over Rs. 10,000 crore surplus in two years. The number of farmers enrolled in the Modi government’s flagship crop insurance scheme (Pradhan Mantri Fasal Bima Yojana or PMFBY) dipped further to 343 lakh in kharif (summer) crop season of 2018-19 year, according to latest information revealed at the annual Kharif Conference organised by the Agriculture Ministry in Delhi on April 25-26. When the scheme was started in 2016, enrolment in the first kharif season was 404 lakh, which declined to 349 lakh in 2017. Strangely, gross premium collected by insurance companies has continued to grow from Rs. 16,015 crore in 2016 to Rs. 20,522 crore in 2018. This is because per farmer premium rate is increasing, and so is the state and central government’s contribution to premium. In other words, insurance companies continue to reap enormous profits despite lower coverage. That’s the business model this scheme has foisted upon the farmers. Less farmers covered means a larger number of farmers are now completely at the mercy of the weather gods. Small wonder then, that in many states, farmers demand compensation for crop losses from the state governments, who in turn press the Centre for drought relief packages. The data put out at the conference by PMFBY CEO Dr. Ashish Bhutani also reveals that in the past two years (2016-17 and 2017-18) of the scheme’s operation, insurance companies have pocketed a surplus of Rs. 10,219 crore. They collected gross premium worth Rs.47, 447 crore, but had to admit farmers’ claims worth Rs. 37,228 crore in the four crop seasons (one each of kharif and rabi, in each year). Please click here to read more.

Newsclick.in, 1 May, 2019, https://www.newsclick.in/PMFBY-Farmers-Quitting-Premium-Narendra-Modi

Tagged with: Pradhan Mantri Fasal Bima Yojana Insurance Premium Crop Insurance pmfby

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