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LATEST NEWS UPDATES | This Kharif season, PMFBY sees sharp fall in farmers covered, sums insured -Harikishan Sharma and Harish Damodaran

This Kharif season, PMFBY sees sharp fall in farmers covered, sums insured -Harikishan Sharma and Harish Damodaran

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published Published on Aug 11, 2020   modified Modified on Aug 11, 2020

-The Indian Express

"Opposition-ruled Maharashtra, Rajasthan and Chhattisgarh record highest coverage, even as many states, including Gujarat and MP, pull out of Modi government's flagship insurance scheme.

Pradhan Mantri Fasal Bima Yojana (PMFBY) has seen a sharp drop in the number of farmers covered and sums insured in the current kharif cropping season. This comes even as many states – Andhra Pradesh, Telangana, Jharkhand, Gujarat and Madhya Pradesh – have exited or not signed up for the Narendra Modi government’s flagship crop insurance scheme, with more than half of the season gone by.

As on Monday, only 1.12 crore farmers had enrolled under PMFBY and another 2.45 lakh under the Weather Based Crop Insurance Scheme (WBCIS) during this kharif, as against 1.87 crore and 15.23 lakh, respectively, in 2019.

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The Indian Express, 11 August, 2020, https://indianexpress.com/article/india/this-kharif-season-pmfby-sees-sharp-fall-in-farmers-covered-sums-insured-6549374/


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