Implementation issues in Fasal Bima Yojana need to be addressed
A BusinessLine series from perennially drought-prone Jalna and Parbhani districts in Maharashtra has brought to the fore implementation lapses in the Pradhan Mantri Fasal Bima Yojana (PMFBY). Farmers have not been compensated for crop damage, owing to multiple factors. Chief among these is irregularities in crop cutting experiments. The CCEs are meant to be carried in the presence of officials of the State revenue and agriculture departments as well as insurance companies, to ascertain the extent of damage. This does not seem to be happening on the ground. Insurance companies have held back payouts, raising questions on documentation (such as land record of farmers) at the claim settlement stage instead of flagging such issues earlier with the banks concerned. Loanee farmers are default buyers of the crop insurance policy, while non-loanee farmers too can register for the same.
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