-Tribune News Service RTI reply indicates 1.5 times jump in profit of insurers in a year Hisar: Insurance companies across the country earned a whopping Rs 15,795 crore as profit in two years from the Pradhan Mantri Fasal Bima Yojana (PMFBY), according to a reply received under the Right to Information Act. While the farmers’ wait for increase in income continues, the profit of insurance firms increased by one-and-a-half times in just one...
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Farm Distress Stands In The Way Of A Fourth Term For The BJP In Chhattisgarh -Shreehari Paliath
-IndiaSpend.com Baloda Bazar, Kabirdham (Kawardha), Rajnandgaon, Mahasamund, Kanker (Chhattisgarh): “I’ll ask them to give me a job first and then think about giving my vote,” said 28-year-old Kekti Verma, holding back her tears. “I have three girls, the eldest one is 10 and youngest four. I haven’t got any help till date from the government.” Kekti is the widow of Dhal Singh Verma, a two-acre paddy farmer in Sararidih in Baloda...
More »Is Crop Insurance scheme losing steam? -Ashok Kumar
-The Hindu Of the 84 lakh farmers who withdrew, 68.31 lakh are from the four BJP-ruled States: reply to RTI Gurugram: More than 84 lakh farmers, which is around 15% of the total farmers insured in the first year of the Union government’s ambitious Pradhan Mantri Fasal Bima Yojana in 2016-17, withdrew themselves from the scheme in 2017-18, a reply to an RTI application has revealed. It includes 68.31 lakh farmers from the...
More »Agriculture needs govt boost: Both PMFBY and PMKSY are flagging, revive them
-Financial Express While the government has reason to be pleased about the fact that the claims paid to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) have risen by around 50%, to Rs 15,181 crore in Kharif 2017 as compared to Rs 10,425 crore in Kharif 2016, what is worrying is the dip in both the number of farmers as well as land area covered by the scheme. More so...
More »Under Modi's Crop Insurance Scheme, Premiums up 350% But Farmers' Coverage Stagnant -Kabir Agarwal and Dheeraj Mishra
-TheWire.in Premium collected by insurance companies has increased by Rs 36,848 crore, while the number of farmers covered has increased only by 0.42%, according to RTI data obtained by The Wire. New Delhi: In January 2016, Prime Minister Narendra Modi launched a revamped Crop Insurance scheme, his government’s flagship scheme for farmers, the Pradhan Mantri Fasal Bima Yojana (PMFBY). It would “bring about a major transformation in the lives of farmers”, Modi...
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