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Amount owed by insurers to farmers at all-time high -Zia Haq

-Hindustan Times PMFBY has run into many of the old problems. The one most troubling issue for farmers is a continuous delay in payouts. The average delay in payment of claims, according to official data, is more than a year from the date of harvest. When the Pradhan Mantri Fasal Bima Yojana (PMFBY), the country’s flagship crop insurance scheme was launched in June 2016, the idea was to replace complicated, multiple insurance...

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Data: How lack of health insurance is affecting the poorest in India -Vignesh Radhakrishnan & Sumant Sen

-The Hindu Owing to low health insurance coverage in India, especially for the poor, households have to dip into their savings or borrow to meet hospital bills A majority of Indians did not have health insurance as of 2017-18. Coverage levels varied widely based on ‘wealth classes’. The poorest were the least covered as they mostly depended on government schemes, while the richest fared better and relied more on private insurance Abysmal coverage Among...

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ESIC may cover gig economy workers as part of new Social Security Code Bill -Somesh Jha

-Business Standard The government has made an enabling provision in the code to provide insurance cover, under the ESI schemes, to gig, platform and plantation workers Workers employed in the gig economy may soon be eligible for insurance benefits provided by the state-run Employees’ State insurance Corporation (ESIC). The move is a part of the Social Security Code Bill, 2019 approved by the Union Cabinet on Wednesday. The Code has also proposed...

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Rajasthan: Thousands of crop insurance claims denied as premium 'Refunded' -Shruti Jain

-TheWire.in The Agriculture insurance Company of India returned farmers' premiums after one year, claiming that details had not been provided in "soft copy". The bank, however, has not credited the refund into farmers' accounts. Satlana (Jodhpur, Rajasthan): Thousands of farmers in the Satlana gram panchayat of Rajasthan’s Jodhpur, insured under the Pradhan Mantri Fasal Bima Yojana (PMFBY), have been denied insurance claims for two crop seasons – kharif 2016 and kharif 2017. The...

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