MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE
‡ãðŠãäÓã ??? ????? ?????? ½ãâ¨ããÊã¾ã ½ãñâ À㕾㠽ãâ¨ããè ( SHRI PARSHOTTAM RUPALA)
(a) to (e): Under the Pradhan Mantri Fasal Bima Yojana (PMFBY) claims are to be settled by insurance companies within three weeks of receipt of yield data from the State Government provided premium subsidy has also been received from Government, both Centre and State. As far as claims of current year are concerned following the harvest of Kharif crop from October-December, the States are being followed up to provide yield data and their share in premium subsidy at the earliest. In respect of Rabi 2017-18, the harvest season is currently on. Further, this year the crop insurance portal was also launched to promote better administration of the scheme. While it has helped to integrate all stakeholders, there are ground level challenges especially with banks and cooperatives in inputting farmer data. Regarding adequacy of compensation, it is stated that the sum insured under PMFBY has been increased and made equal to the scale of finance of the crop to ensure maximum risk coverage.
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