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Pradhan Mantri Fasal Bima Yojana suffers from lack of regulation, alleges JNU professor
1 year, 1 month ago

Pradhan Mantri Fasal Bima Yojana suffers from lack of regulation, alleges JNU professor

The Hindu  

The Pradhan Mantri Fasal Bima Yojana, brought out in 2016, has opened crop insurance to the private sector at the national-level. The PMFBY suffers from a serious problem of lack of regulation, with there being no independent mechanism to verify the validity of data provided by insurance companies, according to Vikas Rawal, a professor of Jawaharlal Nehru University. Referring to …

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Why Gujarat opted out of PMFBY, ask BRS leaders
1 year, 9 months ago

Why Gujarat opted out of PMFBY, ask BRS leaders

Deccan Chronicle  

Hyderabad: BRS leaders lashed out at BJP state president Bandi Sanjay for his criticism of the state government not implementing the PM Fasal Bima Yojana and for opposing Chief Minister K. Chandrashekar Rao's announcement of extending Rs 10,000 per acre crop loss aid to the farmers who lost crops by unseasonal rains. Finance minister T. Harish Rao and Rythu Bandhu …

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Farmers get a raw deal after suffering crop loss
2 years, 3 months ago

Farmers get a raw deal after suffering crop loss

Deccan Chronicle  

Khammam: Many farm experts are critical of the loopholes in implementing the Prime Minister Fasal Bima Yojana while extending crop insurance to make good crop losses. They contend that PMFBY is more beneficial to the insurance companies compared to farmers as most insurance companies are not settling claims under one pretext or the other. Mandadapu Sudhakar, chairman of PACS and …

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Farmers who repay loans to get ₹50,000 as incentive
2 years, 9 months ago

Farmers who repay loans to get ₹50,000 as incentive

Hindustan Times  

Mumbai In a budget speech that laid emphasis on agriculture, deputy chief minister Ajit Pawar announced several sops and measures for farmers, including an incentive of ₹50,000 for two million farmers, who repay their crop loans regularly. Pawar indicated that the state government wanted the Centre to modify the terms of its crop insurance scheme-Pradhan Mantri Fasal Bima Yojana and …

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