LATEST NEWS UPDATES | Premium rates under PM Fasal Bima Yojana continue to rise, pinching farmers and the govt -Rajalakshmi Nirmal

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: 73 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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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: 74 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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

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</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
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<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
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-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Insurance companies say changing guidelines under PMFBY have increased their costs&lt;br /&gt;
&lt;br /&gt;
Chennai: &lt;/em&gt;With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).&lt;br /&gt;
&lt;br /&gt;
Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in 2018-19. For 2019-20, the rates have gone up further in Kharif, and is likely to be around 15 per cent for the full year.&lt;br /&gt;
&lt;br /&gt;
The increase in premium rates has led to higher premium outgo, despite minimal change in the gross cropped area covered under the scheme. In 2018-19, the total premium paid to insurers under PMFBY was Rs 29,429.6 crore, up from Rs 25,480.8 crore in 2017-18 and Rs 22,008.1 crore in 2016-17.&lt;br /&gt;
&lt;br /&gt;
Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal...&#039;,
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&lt;br /&gt;
&lt;em&gt;Insurance companies say changing guidelines under PMFBY have increased their costs&lt;br /&gt;
&lt;br /&gt;
Chennai: &lt;/em&gt;With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. &lt;br /&gt;
&lt;br /&gt;
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal...&#039;
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Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
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
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-govt-rajalakshmi-nirmal-4688121.html"/>
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal..."/>
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                <strong>Premium rates under PM Fasal Bima Yojana continue to rise, pinching farmers and the govt -Rajalakshmi Nirmal</strong></h1>
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                <div align="justify">-The Hindu Business Line<br /><br /><em>Insurance companies say changing guidelines under PMFBY have increased their costs<br /><br />Chennai: </em>With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).<br /><br />Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in 2018-19. For 2019-20, the rates have gone up further in Kharif, and is likely to be around 15 per cent for the full year.<br /><br />The increase in premium rates has led to higher premium outgo, despite minimal change in the gross cropped area covered under the scheme. In 2018-19, the total premium paid to insurers under PMFBY was Rs 29,429.6 crore, up from Rs 25,480.8 crore in 2017-18 and Rs 22,008.1 crore in 2016-17.<br /><br />Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. <br /><br />Please <a href="https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true" title="https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true">click here</a> to read more. <br /></div>               </font>
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</span></span></code>
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-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Insurance companies say changing guidelines under PMFBY have increased their costs&lt;br /&gt;
&lt;br /&gt;
Chennai: &lt;/em&gt;With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).&lt;br /&gt;
&lt;br /&gt;
Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in 2018-19. For 2019-20, the rates have gone up further in Kharif, and is likely to be around 15 per cent for the full year.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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Insurance companies say changing guidelines under PMFBY have increased their costs

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&lt;br /&gt;
&lt;em&gt;Insurance companies say changing guidelines under PMFBY have increased their costs&lt;br /&gt;
&lt;br /&gt;
Chennai: &lt;/em&gt;With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. &lt;br /&gt;
&lt;br /&gt;
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal...&#039;
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal..."/>
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                <div align="justify">-The Hindu Business Line<br /><br /><em>Insurance companies say changing guidelines under PMFBY have increased their costs<br /><br />Chennai: </em>With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).<br /><br />Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in 2018-19. For 2019-20, the rates have gone up further in Kharif, and is likely to be around 15 per cent for the full year.<br /><br />The increase in premium rates has led to higher premium outgo, despite minimal change in the gross cropped area covered under the scheme. In 2018-19, the total premium paid to insurers under PMFBY was Rs 29,429.6 crore, up from Rs 25,480.8 crore in 2017-18 and Rs 22,008.1 crore in 2016-17.<br /><br />Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. <br /><br />Please <a href="https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true" title="https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true">click here</a> to read more. <br /></div>               </font>
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</span></span></code>
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-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Insurance companies say changing guidelines under PMFBY have increased their costs&lt;br /&gt;
&lt;br /&gt;
Chennai: &lt;/em&gt;With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. &lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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Insurance companies say changing guidelines under PMFBY have increased their costs

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&lt;br /&gt;
&lt;em&gt;Insurance companies say changing guidelines under PMFBY have increased their costs&lt;br /&gt;
&lt;br /&gt;
Chennai: &lt;/em&gt;With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

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Insurance companies say changing guidelines under PMFBY have increased their costs

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                <strong>Premium rates under PM Fasal Bima Yojana continue to rise, pinching farmers and the govt -Rajalakshmi Nirmal</strong></h1>
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                <div align="justify">-The Hindu Business Line<br /><br /><em>Insurance companies say changing guidelines under PMFBY have increased their costs<br /><br />Chennai: </em>With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).<br /><br />Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in 2018-19. For 2019-20, the rates have gone up further in Kharif, and is likely to be around 15 per cent for the full year.<br /><br />The increase in premium rates has led to higher premium outgo, despite minimal change in the gross cropped area covered under the scheme. In 2018-19, the total premium paid to insurers under PMFBY was Rs 29,429.6 crore, up from Rs 25,480.8 crore in 2017-18 and Rs 22,008.1 crore in 2016-17.<br /><br />Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern. <br /><br />Please <a href="https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true" title="https://www.thehindubusinessline.com/money-and-banking/premium-rates-under-pm-fasal-bima-yojana-continue-to-rise-pinching-farmers-and-the-government/article29506528.ece?homepage=true">click here</a> to read more. <br /></div>               </font>
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-The Hindu Business Line

Insurance companies say changing guidelines under PMFBY have increased their costs

Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY).

Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in 2018-19. For 2019-20, the rates have gone up further in Kharif, and is likely to be around 15 per cent for the full year.

The increase in premium rates has led to higher premium outgo, despite minimal change in the gross cropped area covered under the scheme. In 2018-19, the total premium paid to insurers under PMFBY was Rs 29,429.6 crore, up from Rs 25,480.8 crore in 2017-18 and Rs 22,008.1 crore in 2016-17.

Given that a large portion of the premium under PMFBY is paid by the government, the higher premium outgo is pinching it year after year. For farmers, too, rising premium has been a concern.

Please click here to read more.