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Premium delayed, farmer denied -Ashok Gulati & Siraj Hussain

-The Indian Express Pradhan Mantri Fasal Bima Yojana does not inspire confidence of farmers. They have to wait for months, sometimes years to get compensation. This article is the second in the series assessing the performance of the BJP-led NDA government at the Centre in the agri-food space over the last four years. The first one appeared in this newspaper on May 2 (IE, ‘Four years of neglecting farmers’). Here we look...

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Crop insurance footprints increased but delayed claim payouts left farmers in crisis -Vishwa Mohan

-The Times of India NEW DELHI: New Delhi: New crop insurance scheme, launched in Kharif (summer-sown) season of 2016, has increased its footprints across the country with more area being covered in 2016-17 as compared to 2015-16 and 2014-15, but it has miles to go before it can actually bring relief to farmers due to current delay in claim disbursement. The claim settlement is not as fast as it was expected during...

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Farmers await crop insurance payout, 55% claims pending -Sayantan Bera

-Livemint.com Under the flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana, Rs5,875 crore, or just 45%, has been paid to farmers, agriculture ministry data shows New Delhi: Farmers who suffered crop losses in 2016-17 are yet to receive insurance compensation for 55% of estimated claims under the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY), shows latest numbers from the agriculture ministry. The data shows that insurance companies collected Rs22,338 crore in 2016-17...

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

-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...

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Settlement of claims under crop insurance plan delayed by states: Radha Mohan Singh -Sayantan Bera

-Livemint.com States like Bihar and Kerala did not deposit their share of insurance premium on time, delaying payments to farmers, says agriculture minister Radha Mohan Singh New Delhi: Due to states delaying assessment of crop loss, settlement of claims under the centre’s flagship crop insurance scheme is getting delayed, agriculture minister Radha Mohan Singh said on Wednesday. The minister also complained that some states like Bihar and Kerala did not deposit their...

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