-The Hindu Business Line The main grouse that States have with PMFBY is that while premiums are distributed evenly across participants, claims are cornered by a few Six years after its launch and post multiple overhauls, Pradhan Mantri Fasal Bima Yojana (PMFBY), India’s flagship scheme for crop insurance, has largely failed to deliver on its objectives. An expert committee steered by Ashok Dalwai recently submitted a report showing that, between 2016 and...

-The Hindu Child Rights Commission tells SC that 1.47 lakh children lost a parent during the pandemic The Supreme Court is worried for children, some as young as six year old, whose parents suddenly died of COVID-19, leaving behind unpaid debts, mortgages, loans and Insurance Premiums. The National Commission for Protection of Child Rights (NCPCR) has so far identified 1,47,773 children who have lost one parent and another 10,600 who have become orphans...

-Down to Earth Since its launch in 2016, India’s flagship crop insurance scheme has seen a consistent fall in acreage and number of farmers covered Even if a single farmer’s crop is damaged in a village he will get the benefits of insurance  - Prime Minister Narendra Modi had said while launching the government’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) from Madhya Pradesh in 2016. The words, however, mean nothing to the farmers...

-Down to Earth The state is considering rolling out its own insurance programme for farmers Maharashtra may follow several other big states and opt out Pradhan Mantri Fasal Bima Yojana (PMFBY), the Narendra Modi government’s much-vaunted crop insurance scheme. India’s second-most populous state may replace the central scheme with its own — a step already adopted by states like West Bengal. Farmer groups have already flagged irregularities in PMFBY at a February 1,...

-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly incomes, a high proportion of...