Agriculture Minister informs LS that under PMFBY, farmers received claims worth ₹1.64 lakh crore against a paid premium of ₹32,440 crore.
Agriculture Minister Shivraj Singh Chouhan informs LS that under PMFBY, farmers received claims worth ₹1.64 lakh crore against a paid premium of ₹32,440 crore. Introduced in Kharif 2016, the scheme covers crop risks from pre-sowing to post-harvest stages. Despite 5x claims, the minister attributes delays to state implementation, with measures like remote sensing and penalties on insurance firms in place to address issues.
August 06, 2024
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